Mumbai, Feb. 19 -- The contract has been awarded by the Superintending Engineer, Palar Basin Circle, Chepauk, Chennai. According to the company's exchange filing, the scope of work includes the formation of new tanks, construction of peripheral earthen drains, cut-and-cover channels, and capacity enhancement of surrounding tanks. The project also involves flood mitigation works for the proposed Global Sports City at Semmancheri, Chennai.
The total value of the work order stands at Rs 52,17,05,486 and the project is scheduled to be completed within 12 months.
The company clarified that none of its promoters or promoter group entities have any interest in the awarding authority. It further stated that the contract does not qualify as a re...
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