Denta Water and Infra Solutions Bags Two Water Infrastructure Orders Worth ₹65.56 Crore in Karnataka

Bengaluru-based water infrastructure and management firm Denta Water and Infra Solutions Limited (NSE: DENTA | BSE: 544345) has secured two new domestic contracts totaling ₹65.56 crore in Karnataka.

The company confirmed receiving a Letter of Acceptance (LOA) for a direct government contract alongside a major subcontracting order for irrigation improvement projects. Both projects carry an execution timeline of 11 months.

Project Breakdown & Contract Details

1. Direct Order from Karnataka Neeravari Nigam Limited (KNNL) - ₹20.89 Crore

Awarding Entity: Karnataka Neeravari Nigam Limited (Domestic Government Entity)

Contract Value: ₹20,88,92,101 (inclusive of 18% GST)

Scope of Work: Turnkey execution involving improvements to 2 pickups and 4 pickup canals, upgrades to the Kolur Lift Irrigation Scheme (LIS) under D-13 of RBHLC, and the construction of Korlagundi/Dammur LIS near Dammuru village in Ballari district under the KMERC Grant.

Key Terms: Includes 5 years of Operation and Maintenance (O&M) post-successful completion.

Execution Period: 11 months

2. Subcontract Order from JNS Infra Projects Private Limited - ₹44.67 Crore

Awarding Entity: JNS Infra Projects Private Limited

Contract Value: ₹44,67,43,341 (inclusive of 18% GST)

Scope of Work: Restoration and improvements to 16 pickups and 18 pickup canals, along with supplying and laying an M.S. Pipeline rising main to the Jalibenchi Lift Irrigation Scheme under D-15 of RBHLC in Ballari district under the KMERC Grant.

Execution Period: 11 months

These project wins strengthen Denta Water and Infra Solutions' execution pipeline within Karnataka's agricultural and lift-irrigation sectors, expanding its footprint across the Right Bank High Level Canal (RBHLC) command area in Ballari district.

Shares of Denta Water and Infra Solutions Limited was last trading in BSE at Rs. 340.90 as compared to the previous close of Rs. 327.95. The total number of shares traded during the day was 16634 in over 562 trades.

The stock hit an intraday high of Rs. 343.35 and intraday low of 323.15. The net turnover during the day was Rs. 5563149.00.

Source : Equity Bulls

Keywords

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