Ahmedabad-based oil and gas pipeline infrastructure company Jaihind Projects Limited (JPL) has bagged two orders of Rs.83.84 crore for water pipeline projects. The company hopes to complete the orders by December 2011.
“JPL got order of Rs.55.49 crore from Bangalore Water Supply and Sewerage Board for providing sewerage system to erstwhile Bytarayanapura CMC area and the second order of Rs.28.35 crore from Brahmani River Pellets Limited for laying 273.10 mm OD tailing pipe line and reclaimed pipeline from Tanto to Nalda for 18 KM and water pipeline from Tanto to Baitarani for 25 KM to be laid from beneficiation plant at Tanto”, said Sunil Rawtani, AGM-Finance, JPL.
“We are estimating turnover of Rs.425 crore for the year 2009-10 against last year’s Rs.323 crore besides double the profit from last year’s Rs.13.50 crore to Rs.27 crore,” Rawtani said.
