Jain Irrigation Systems has bagged a Rs 569-crore contract from Karnataka government for Poorigali Integrated Micro Irrigation Project.
The company has been awarded the Poorigali Integrated Micro Irrigation Project by Cauvery Neeravari Nigam Ltd, Government of Karnataka, through national competitive bidding, Jain Irrigation Systems said in a BSE filing today.
The project is based on the concept of ‘resource to root’ aimed at providing more healthy crops to farmers.
It will cover 25,317 acres of farm area spread over 51 villages in Karnataka.
Under the project, water will delivered from the river Cauvery to the end user farmer in a network of close conveyance piping system, the filing said.
The project will be implemented in 18 months.
Shares of Jain Irrigation Systems were trading 0.88 per cent higher at Rs 68.55 apiece on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.