Pratibha Industries bags orders aggregating Rs 1491.59 crore

02 Jul 2012

Pratibha Industries, the flagship company of the Pratibha Group has bagged orders worth Rs 1491.59 crore in tunneling and building division. Under the tunneling division, the company has bagged a contract worth Rs 1089.59 crore from DMRC. The work involves design and construction of tunnel by shield tunnel boring machine, construction of tunnels, stations and ramp by cut and 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 project is to be completed within 42 months from the date of commencement.

Under the building division, the company has bagged a contract of Rs 345 crore from IREO for the construction of group housing project ‘SKYON’ at Sector 60 Gurgaon - Civil, Structural & Internal Finishing works. The project is to be completed within 31 months and it envisages total built up area of approximately 24 lakh square feet.

Further, the other project bagged is from Raheja Universal, valued at Rs 57 crore for its prestigious commercial project ‘Raheja Iridium’. The project is to be completed within 16 months and it envisages total built up area of approximately 4.65 lakh square feet.

Pratibha Industries is engaged in the business of integrated infrastructure solutions and manufacture of SAW pipes. As the company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.

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