Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
26 April, 2018 20:44 IST
SPML Infra JV secures order worth USD 32.01 mn
Source: IRIS | 16 Apr, 2018, 03.22PM
Comments  |  Post Comment

SPML Infra with its joint venture partner OM Metals Infraprojects has secured an international order from Ministry of Food and Agriculture, Republic of Ghana for the work related to rehabilitation and completion of Kpong left bank irrigation project in Ghana, Africa for USD 32,012,453 (approx. Rs 2.05 billion).

The scope of work includes modication of existing supply canal, main canal, cross regulators and installation of new distribution structures. This World Bank funded project has a time line of 18 months to complete. The Letter of Intent (LoI) received by the JV on January 12, 2018 and the project will be executed within the given period.

Shares of the company declined Rs 0.45, or 0.46%, to trade at Rs 97.30. The total volume of shares traded was 4,294 at the BSE (3.07 p.m., Monday).



SPML Infra Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Thermax wins Rs 2.79 bn order for captive cogeneration plant - 26-Apr-2018 16:52
For non-banks, wholesale credit to outpace retail by 400 bps: CRISIL - 26-Apr-2018 16:49
Devang Shah on how to trade in Kotak Bank, Escort and SBI - 26-Apr-2018 16:43
Sensex ends 212 points higher; Nifty settles at 10,617 - 26-Apr-2018 16:01
Implementation of sugar exports dependent on Govt support: ICRA - 26-Apr-2018 15:30
Yes Bank Q4 net jumps 29% to Rs 11.79 bn - 26-Apr-2018 15:25
Supreme Industries quarterly net up 32% - 26-Apr-2018 13:48
Infratel-Indus merger reflects India telco cash pressure: Fitch - 26-Apr-2018 13:44
Indiabulls Real Estate gains after strong Q4 results - 26-Apr-2018 13:02
Indiabulls Real Estate quarterly profit zooms 23.69 times - 26-Apr-2018 12:49
Parag Milk Foods expands product offering under 'Avvatar' brand - 26-Apr-2018 10:18
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer