Kirloskar Brothers JVs receives contracts from Andhra Pradesh Government

Kirloskar Brothers Ltd (KBL) has announced that joint ventures formed by the Company has received following contracts from the Government of Andhra Pradesh, Irrigation & CAD Department, in respect of Investigation, design, supply and erection of components to lift water:

1. JV Company: IVRCL-KBL

- Contract: From foreshore of Gandikota Reservoir Storage near Thimmapuram village.
- Total Contract value: Rs 275 Crs.
- KBL Portion of Contract value: Rs 52 Crs.

2. JV Company: IVRCL-KBL

- Contract: From foreshore of Gandikota Reservoir Storage near Thimmapuram village to reservoir near yellanur village.
- Total Contract value: Rs 276 Crs.
- KBL Portion of Contract value: Rs 52 Crs.

3. JV Company: Maytas-Kirloskar

- Contract: From reservoir near yellanur village to storage reservoir near Goddamvaripalli village including formation of storage reservoir and providing distributory system for 3500 acres of ayacut in Anantapur District.
- Total Contract value: Rs 129.50 Crs.
- KBL Portion of Contract value: Rs 27.5 Crs

4. JV Company: Larsen & Toubro-KBL

- Contract: From storage reservoir near Goddamvaripalli village including improvements to Goddumarri Anicut in Anantapur District.
- Total Contract value: Rs 332 Crs.
- KBL Portion of Contract value: Rs 59.25 Crs

5. JV Company: KBL-MEE-KCCPL

- Contract: From foreshore of Goddumarri Anicut to Chitravathi under Telugu Ganga Project, Kadapa - Pilot Micro Irrigation Scheme under Gandikota Reservoir.
- Total Contract value: Rs 326.40 Crs.
- KBL Portion of Contract value: Rs 118 Crs.

Source : Equity Bulls

Keywords