DJB

DJBConstruction firm Pratibha Industries on Monday said it has bagged two orders worth Rs 1,249 crore, along with its joint-venture partner Mosinzhstroi Open Joint Stock Company, for the DJB ( Delhi Jal Board) projects. The order has been awarded through Engineers India Ltd, Pratibha Industries said in a filing to BSE. The consortium has been awarded two of the six packages worth Rs 692.79 crore (Package 2) and Rs 556.66 crore (Package 3) respectively through Engineers India Ltd. The projects are scheduled to be completed within a period of 36 months.

Following the news announcement, the stock climbed by 4.55 per cent to Rs 57.45 a piece on BSE.The scope of the work includes design, construction and lying of Interceptor sewers along three major drains - Najafgarh, supplementary and Shahadra in Delhi.This is the largest order won by the company and the construction of the interceptor Sewers which will help in the reduction of pollution in Yamuna River ," Pratibha Industries managing director Ajit B. Kulkarni said. The company said Yamuna River, which passes through Delhi, has been immensely polluted in the past few decades due to untreated sewage discharged into the river. The project will help to divert the untreated waste by channeling the same through the interceptor chambers and transporting it to the sewerage treatment plant," Kulkarni added.

DJB