Wednesday 29 August 2018

Jain Irrigation bags order worth Rs127cr; stock jumps 4%

Jain Irrigation Systems was awarded a $18.27mn (~Rs127cr) contract by Rwanda Agriculture Board (RAB), Kigali, Rwanda for irrigation and watershed development (1220 /1752 Ha) in Mahama Sector under Export Targeted Modern Irrigated Agriculture Projects in Rwanda. The project will be executed near Rusumo (Rwanda — Tanzania border) The project will be financed by the EXIM Bank of India under Government of India Line of Credit program.


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