Kolkata-based Subhash Projects & Marketing Ltd has set up a joint venture company, named "Insituform Pipeline Rehabilitation Pvt Ltd" with US-based Insituform Technologies Inc for undertaking sewer rehabilitation jobs in India, the company said in a communication to the Bombay Stock Exchange.
The joint venture has been awarded two jobs, totalling Rs 95.80 crore for restoration of trunk sewer lines from Delhi Jal Board.