Company has received the Contract aggregating to ~Rs.1770 crores, from SWSM for providing EPC Services including provision for laying of optical fiber cables, for execution of Rural Water Supply Network in Varanasi Revenue Division in the State of Uttar Pradesh (“Project”). This will add significantly to the revenue and profitability of the Company. The optical fiber cables so laid will also improve Operation & Maintenance of the Network.
The Project has to be executed within eighteen months from the date of Contract. Thereafter, the Company has to provide warranty support for one year and operation & maintenance services for ten years from the completion of the Project.
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