Pratibha Industries Ltd, the flagship company of Mumbai based Pratibha Group, a leading player in the fields of urban infrastructure development, water treatment, water transmission & distribution projects and construction today announced bagging orders worth Rs. 1491.59 Crores in Tunnelling and Building segments. Following these, the order book of the Company stands at whopping Rs. 7170 Crores.
These three orders are as under:
- The first project: Delhi Metro Rail Corporation (DMRC) awarded Pratibha Industries an order worth Rs. 1089.59 Crores. It involves design and construction of tunnel by shield Tunnel Boring Machine, construction of tunnels, stations and ramp by cut & cover between Motibagh and Lajpat Nagar stations (both excluding) for underground works on Mukundpur-Yamuna Vihar corridor of Delhi MRTS project of Phase III.
- The second project is awarded to the company by Gurgoan based IREO group for construction of building worth Rs. 345 Crores. It involves the construction of Group Housing Project “SKYON” at Sector 60, Gurgaon.
- The third project, again in building construction, is awarded to the company by Raheja Builders, valued at Rs 57 Crores. In this the company will construct commercial buildings named as “RAHEJA IRIDIUM” in Jogeshwari, Mumbai.
Commenting on the announcements, Mr. Ajit B. Kulkarni, Managing Director of Pratibha Group said, “We are extremely happy to have started this fiscal year on a positive note with a biggest ever single contract. With all the three orders coming from our existing clients it shows our strong relationship with them and their confidence in our ability to execute projects timely and efficiently”.
About Pratibha Industries Ltd
Pratibha Group was founded in 1982. Pratibha Industries Ltd, being the listed flagship company of the Group, is now a leading player in the areas of urban infrastructure, which includes water supply and distribution projects, waste and sewerage management, including environmental engineering. It is also a leading player in the construction arena having expertise in speciality building high-rise structures covering residential and commercial complexes, airports, railway stations and car parks. With its domain expertise in design, engineering and strict adherence to Quality Control and Assurance, the Group has expanded operation to the Middle East. The group has three manufacturing plants located at Wada, Maharashtra and has over 3,500 employees.
