RPP Infra Projects shares jumped more than 4% after the company recently bagged two new contracts worth Rs 35.60 crore from the State Industries Promotion Corporation of Tamil Nadu (SIPCOT). The contracts include the development of water supply infrastructure at Shoolagiri’s SIPCOT Industrial Park.
The design and construction of a 7MLD product water transportation system from the 20 MLD Tertiary Treatment Reverse Osmosis (TTRO) Plant in Kelavarapalli Hosur to SIPCOT Industrial Park is part of the first project, which is valued at ₹28.25 crore. A year of operation and maintenance on a Design-Build-Operate (DBO) basis is also covered under the contract.
The second contract, for ₹7.35 crore, involves constructing two pump rooms and setting up internal water supply facilities in SIPCOT Industrial Park in Shoolagiri.
As of 11:40 am, RPP Infra Projects shares were trading 3.18% higher at Rs 201.00 on the NSE.
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