HCC bags Rs 328 cr pipeline order

HCC said it has bagged Rs 328.49 crore order for laying water pipeline under Rajiv Sagar Lift Irrigation Project in Andhra Pradesh.

MUMBAI: Infrastructure major Hindustan Construction Company (HCC) today said it has bagged Rs 328.49 crore order for laying water pipeline under Rajiv Sagar Lift Irrigation Project in Andhra Pradesh.
The company has received a letter of intent from the irrigation department of Andhra Pradesh government, for laying of water pipeline under Rajiv Sagar Lift Irrigation Project (Dummugudem), HCC said in a communique to the Bombay Stock Exchange (BSE).
The Rajiv Sagar Lift Irrigation Project project involves both lift-cum-gravity canal, which envisages lifting of 16.17 tmc of water from river Godavari from Pamulapally village.
Earlier in May this year, HCC in JV with Coastal Projects Pvt Ltd had bagged Rs 735.21 crore irrigation tunnel work of the Pula Subbaiah Veligonda Project from the same department of the state.
The shares of the company were trading at Rs 98, down 0.66 per cent on BSE in morning trade.
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