Jain Irrigation Systems has been awarded a contract worth Rs 1.83 billion of Jalgaon City Water Supply Scheme under the Amrut Abhiyan Yojana. The project Involves design & construction of 661Km of pipeline and required elevated storage reservoirs and pump houses. The completion time is 24 months.
In last one month, this is third major project in water supply sector i.e. drinking & piped irrigation has been awarded to pipe division of the company.
Shares of the company declined Rs 4.5, or 4.32%, to trade at Rs 99.75. The total volume of shares traded was 113,563 at the BSE (9.39 a.m., Tuesday).