RAMKY NSE filing

Ramky Infra Subsidiary Secures ₹2,085 Cr Water Supply Project

The RealCase readMedium impact Positive

Why it matters

The project value is substantial and likely to positively impact revenue, but it's a subsidiary undertaking the project.

The market read

The announcement of a significant new project win is generally positive for the company.

* Mallannasagar Water Supply Limited, a Ramky Infrastructure subsidiary, has signed a concession agreement with the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). * The project involves the HMWSsB - Godavari Drinking Water Supply Scheme Phase-II & Phase-III. * It includes filling Osmansagar & Himayathsagar Reservoirs with Godavari Water for Musi River rejuvenation under a Hybrid Annuity Mode. * The project includes construction within 2 years. * It also includes Manning, Operation, and Maintenance (MoM) for 10 years post-construction under the Hybrid Annuity Model. * The total project value is ₹2,085 crore. * The contract is domestic and between unrelated parties.

Filing to action

What to do with a filing like this

Ramky Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Ramky Infrastructure Limited. Read the original for the full detail.

View original filing