Hyderabad-based IVRCL Infrastructures & Projects has notified that it has received an order worth Rs 299 crore from the Bihar Government for construction-related works.

According to an official release, the water division of the company has secured the latest order from Government of Bihar, Public Health Engineering Department.

The scope of work includes collection of hydrological data, design, construction, supply and installation of multi-villages surface water supply scheme. The project is schedule to complete in 30 months.

On the back of positive announcement, the scrip of the company surged 6% and settled the day at Rs 289 on BSE.