New Delhi: Jaiprakash Associates today said it has bagged two contracts worth Rs 2,079 crore from Bhutan.The contracts have been awarded by Punatsangchhu-II Hydroelectric Project Authority, Bhutan, the firm said in a regulatory filing.
The orders are related to construction of 990MW Punatsangchhu II Hydro- Electric Project — which is being jointly developed by the Bhutan and Indian governments.
According to the filing, a Rs 1,224 crore- order is for diversion tunnel, dam intake and desilting arrangement, including hydro-mechanical works and highway tunnel.
Another contract is for head race tunnel from "surge shaft end, surge shaft, butterfly valve, chamber, pressure shafts, power house and tailrace tunnel including hydro-mechanical works" worth Rs 855 crore.
Shares of Jaiprakash Associates climbed 1.46 per cent to end the day at Rs 76.40 on the Bombay Stock Exchange.
Published Date: Aug 18, 2011 11:42 AM | Updated Date: Aug 18, 2011 11:42 AM