Subhash Projects gets Rs492 cr order for sewerage project

Subhash Projects gets Rs492 cr order for sewerage project
PTI
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First Published: Mon, Mar 23 2009. 03 34 PM IST
Updated: Mon, Mar 23 2009. 03 34 PM IST
Mumbai: Construction firm Subhash Projects & Marketing today said it has bagged an order worth Rs491.96 crore from a Mumbai suburban municipal corporation for an underground sewerage project.
The company has been awarded this contract by Mira Bhayandar Municipal Corporation, Thane (Maharashtra) under design, build and operate basis for underground sewerage scheme, Subhash Projects & Marketing said in a filing to the National Stock Exchange.
The scope of project includes sewage collection and conveyance system, sewage pumping stations, accepted treatment plants, treated sewage outfalls and miscellaneous items, the company further said.
Shares of Subhash Projects & Marketing surged nearly 5% and were trading at Rs49.15 in the afternoon trade on the NSE.
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First Published: Mon, Mar 23 2009. 03 34 PM IST