Indian Hume Pipe Share Price Surges Over 5%; Secures ₹738.61 Crore Rajasthan Water Supply Project

 The Indian Hume Pipe Company Limited has secured a Letter of Acceptance (LOA) valued at ₹738.61 crore, including GST, for a major water infrastructure project in Rajasthan. 

The order has been awarded by the Public Health Engineering Department (PHED), Office of the Chief Engineer, JICA Funded Projects, Jaipur, Government of Rajasthan.  

Project Scope 

The contract involves the design and construction of a Narmada-based Water Supply Project for 275 villages located in the Dhorimanna and Chouhtan blocks of Barmer district. 

The project falls under Package CP-04 (Chouhtan-2) of the JICA-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II and will be executed on an SPR basis.  

Contract Details 

The project has been awarded as an Item Rate Contract covering design, build, operation and maintenance activities. 

The execution period is 24 months, followed by a one-year Defect Notification Period and 10 years of Operations and Maintenance (O&M). The total contract value stands at ₹738.61 crore, including GST.  

Water Infrastructure Focus 

The project is intended to strengthen water supply infrastructure across 275 villages in Barmer district through a Narmada-based distribution system. 

It forms part of the Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II, which is being implemented with JICA funding.  

Read More: HCL Technologies Share Price Gains Over 4% on July 3, 2026, After Signing US$1.14 Billion Digital Transformation Deal! 

Indian Hume Pipe Share Price Performance  

As of 03 July 2026, at 2:02 PM, Indian Hume Pipe Company Limited share price was trading at ₹352.65 per share, reflecting a surge of 5.22% from the previous trading session. 

Conclusion 

With the receipt of the Letter of Acceptance, The Indian Hume Pipe Company Limited has added a ₹738.61 crore water supply project to its order book, covering 275 villages in Rajasthan under the JICA-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II.  

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