Contract Value: ₹20,88,92,101 (Rupees Twenty Crore Eighty Eight Lakhs Ninety Two Thousand One Hundred One Only), inclusive of 18% GST
Nature of Work: Improvements to 2 no. of pickups & 4 no. of pickup canals, Improvements to Kolur LIS under D-13 of RBHLC, Construction of Korlagundi/Dammur LIS near Dammuru village in Ballari Taluk & District under KMERC Grant, including operation and maintenance for a period of 5 years after successful completion of work on Turn-Key Basis
Execution Timeline: 11 months
Promoter Interest: No interest by promoter/promoter group/group companies in the entity awarding the order
Related Party Transaction: Does not fall within related party transactions
Order 2: Subcontract from JNS Infra Projects Private Limited
Awarding Entity: JNS infra projects private limited (domestic entity)
Contract Value: ₹44,67,43,341 (Rupees forty four crore sixty seven lakh forty three thousand three hundred and forty one only), inclusive of 18% GST
Nature of Work: Restoration/improvements to 16 No. of pickups & 18 No. of pickup canals, Providing M.S Pipe Line Raising main to Jalibenchi Lift irrigation scheme under D-15 of RBHLC in Ballari Taluk & District under KMERC Grant
Execution Timeline: 11 months
Significant Terms: As per Subcontract Agreement
Promoter Interest: No interest by promoter/promoter group/group companies in the entity awarding the subcontract
Related Party Transaction: Falls within related party transactions, but executed at arm's length and in the ordinary course of business. The company has obtained necessary approvals.
