Infrastructure firm Pratibha Industries today said it has bagged a Rs 309.46 crore contract from Bangalore Water Supply and Sewerage Board for construction related works.
The project is in joint venture with Gammon India and the scope of work includes laying, erection, construction of special pipes and interconnection with existing water supply system, Pratibha Industries said in a filing to the Bombay Stock Exchange (BSE).
The project is to be executed in 26 months and is being funded by the Japan Bank for International Cooperation, the filing added.
Shares of Pratibha Industries were trading at Rs 273.90 on the BSE, up 4.42 per cent from its previous close.