News at Jains

JAIN IRRIGATION BAGS ORDER OF RS. 584 CRORE

13^th Dec 2018

India’s biggest micro irrigation company and agriculture conglomerate has bagged one more order of Integrated Micro Irrigation Project in Karnataka after successful execution and commissioning of more than a dozen large sized integrated micro irrigation projects in the country. The project is based on "Resource To Root" concept pioneered by Jain Irrigation, which fulfils both the objectives of PMKSY ( Pradhan Mantri Krishi Sinchai Yojna) i.e. "Har Khet Ko Pani" and "Per Drop More Crop" to bring the reforms in irrigation sector. Karnataka Neeravari Nigam Limited a Division of Water Resources Department of Karnataka has placed this order on the company through National Competitive Bidding.

Key Highlights:

• The Singatalur Lift Irrigation project is being implemented for irrigating drought prone areas of Huvinahadagali Taluk of Bellary district, Gadag and Mundargi taluks of Gadag district, Koppal and Yelaburga taluks of Koppal District Karnataka.
• Project awarded to Jain Irrigation on turnkey basis covers providing drip irrigation system to 31,547 Acre (12,767.0 Ha) for more than 10000 farmers of 31 villages under Mundargi Branch Canal of Singatalur LIS on turnkey basis including operation and maintenance of the above scheme for 5 ( Five) years.
• Unique Project under which water is lifted from Mundargi Branch Canal of Singatalur LIS and provision of irrigation through Drip Irrigation system to 31,547 acre through collection sumps and pump houses. Under this integrated project water is to be delivered directly using MS/HDPE/PVC pressurized piping network and drip irrigation.

This project is based on unique concept of integrated Lift cum Drip irrigation project which is incorporated on such a large scale in canal command areas. This project is basically planned for improving water use efficiency in canal command areas through conduit distribution and use of Drip Irrigation system from main canal onwards.

About Jain Irrigation Systems Ltd:
Our Company, Jain Irrigation Systems Limited (JISL) with it’s motto ‘Small Ideas, Big Revolutions’ with more than 12,000+ associates worldwide and revenue of INR 80 Billion, is an Indian multinational company with manufacturing plants in 30 locations across the globe. JISL, its subsidiaries and associates are engaged in providing solutions in agriculture, piping, infrastructure through manufacturing of Micro Irrigation Systems, PVC Pipes, HDPE Pipes, Plastic Sheets, Agro Processed Products, Renewable Energy Solutions, Tissue Culture Plants, Financial Services and other agricultural inputs since more than 34 years. It has pioneered a silent Productivity Revolution with modern irrigation systems and innovative technologies in order to save precious water and has helped to get significant increase in crop yields, especially for more than 6 million small farmers. It has also ushered in new concept of large scale Integrated Irrigation Projects (IIP). ‘More Crop Per Drop™’ is the company’s approach to water security and food security. JISL is early pioneer for IOT in the agri-sector and is leading efforts to create global solutions with precision agriculture. It’s food brand ‘Jain FarmFresh’ is well known all over the world for quality and consistency. All the products and services of JISL help create a sustainable future while fulfilling its vision to ‘Leave this world better than you found it’. JISL is listed in NSE–Mumbai at JISLJALEQS and in BSE at code 500219.

For further information please contact:
Avdhut Ghodgaonkar
Jain Irrigation Systems Ltd
Tel: +91 22 2210 9090, Fax: + 91 22 2262 1177;
Email: avdhut.ghodgaonkar@jains.com

DISCLAIMER
The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in Jain Irrigation Systems Limited. Neither Jain Irrigation Systems Limited, nor their or their affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this release, including, without limitation, any loss of profit, indirect, incidental or consequential loss.