Om Infra Share Price Surges After Securing ₹568.98 Crore Water Resource Project in Chattisgarh

Written by: Team Angel OneUpdated on: 28 Jul 2026, 8:24 pm IST
The bid is for a major commercial infrastructure contract involving the construction of Mohmela Sirpur Barrage Project and all appurtenant works
Om Infra Share Price Surges After Securing
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Om Infra Limited has emerged as the Lowest Bidder (L1) for a major water resource project awarded by the Water Resources Department (WRD), Chhattisgarh, as per the exchange filings.  

The proposed contract, valued at ₹568.98 crore, involves the development of irrigation infrastructure on the Mahanadi River in Tahsil Arang, Raipur district.  

Barrage and Irrigation Network Planned 

The project includes the construction of the Mohmela Sirpur Barrage Project along with all associated and appurtenant works. 

Its scope also covers the development of a pipe irrigation network, expanding the project's role in regional water infrastructure.  

Five-Year Operations and Maintenance 

Apart from executing the construction work, Om Infra will also undertake the operation and maintenance of the project. 

The maintenance responsibility will continue for five years after the completion of construction.  

Om Infra said it is awaiting the formal Letter of Intent (LoI) before commencing work on the project.  

Company Highlights Project Capabilities 

The company said being declared the lowest bidder highlights its capabilities in "complex civil engineering" and "advanced micro-irrigation systems."  

It added that the project is aimed at supporting efficient and sustainable water management in the region.  

Read More: Lloyds Engineering Works Share Price in Focus; Subsidiary Signs Defence Partnership with Poland's Flyfocus! 

Om Infra Share Price Performance  

As of 28 July 2026, at 1:25 PM, Om Infra Ltd share price was trading at ₹88.54 per share, reflecting a surge of 1.72% from the previous trading session. 

Conclusion 

The L1 status marks another addition to Om Infra's water infrastructure portfolio, covering barrage construction, a pipe irrigation network and a five-year operations and maintenance commitment under the proposed ₹568.98 crore project in Chhattisgarh. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 28, 2026, 2:54 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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