Denta Water Secures Two New Major Contracts for Water Infrastructure Projects
Denta Water and Infra Solutions Limited has received two significant orders related to water infrastructure improvements and restorations, totaling nearly Rs 65 crore across both contracts. The agreements involve work with Karnataka Neeravari Nigam Limited (KNNL) and JNS infra projects private limited.The first contract is a Letter of Acceptance from Karnataka Neeravari Nigam Limited (KNNL). This domestic order involves the improvement of water systems in Ballari Tq & Dist under the KMERC Grant. The project encompasses improvements to two pickups and four pickup canals, along with enhancements to Kolur LIS under D-13 of RBHLC, and the construction of Korlagundi/Dammur LIS near Dammuru village in Ballari Tq. This contract includes operation and maintenance for a period of five years after successful completion on a Turn-Key Basis. The total value of this contract is Rs 20,88,92,101, with an execution timeline set at 11 months.
The second order was received from JNS infra projects private limited. This contract involves the restoration and improvements to water transport systems within Ballari Tq & Dist under the KMERC Grant. The scope of work includes providing M.S Pipe Line Raising main to Jalibenchi Lift irrigation scheme under D-15 of RBHLC, as well as restoring and improving 16 pickups and 18 pickup canals. Like the first order, this subcontract is scheduled for completion within 11 months.
The details of both contracts are summarized below:
Order Details Summary
| Particular | Order from KNNL (Karnataka Neeravari Nigam Limited) | Order from JNS infra projects private limited |
|---|---|---|
| Contract Value | Rs 20,88,92,101 | Rs 44,67,43,341 (Including GST 18%) |
| Nature of Work | Improvements to pickups and canals, Construction of Korlagundi/Dammur LIS near Dammuru village. | Restoration/improvements to 16 pickups and 18 pickup canals; Providing M.S Pipe Line Raising main. |
| Contract Type | Order (Turn-Key Basis) | Subcontract |
| Execution Period | 11 months | 11 months |
| Awarding Entity | KNNL | JNS infra projects private limited |
Both contracts are awarded by domestic entities. Regarding the involved parties, the promoter group holds no interest in either of the awarding entities. The order from JNS infra projects private limited is noted as being at arm’s length and within the ordinary course of business for the company.
DENTA Stock Price Movement
Denta Water and Infra Solutions Limited shares are rallying as of 11:03 AM, edging higher to ₹349.00 after gaining 2.42% in live trading. The company logs solid volume with 213,245 shares traded so far this morning.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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