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Pratibha Industries bags order worth Rs 97.8 crore in Nepal

18 Nov 2016 Evaluate

Pratibha Industries (PIL) has been awarded a contract by Melamchi Water Supply Development Board of Government of Nepal for capacity expansion of water treatment plant at Sundarijal for a total contract value of Nepali Rs 155 crore, equivalent to approximately Rs 97.8 crore. The company will implement the project through Joint Venture (JV) formed with a local construction company within two years as per the contract terms.

With this, the company has won contracts aggregating to Rs 609 crore in recent times. Some other contracts bagged by the company include - construction of office building of Noida authority and construction of Academic Blocks/Institutional buildings at North NT Mandi, Delhi. The company emerged as the lowest bidder in tenders for contracts worth Rs 370 crore and is expected to be finalized soon.

Pratibha Industries is engaged in designing, engineering and execution/construction of complex & integrated water transmission & distribution projects, water treatment plants, elevated and underground reservoirs, mass housing projects, commercial complexes, pre-cast design & construction, road construction, metro rails and real estate.


Peers
Company Name CMP
Larsen & Toubro 3685.50
Kalpataru Projects 1357.40
NCC 130.10
Rail Vikas Nigam 197.00
KEC International 372.40
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