MoneyWorks4Me

PSP Projects receives LoI worth Rs 588.62 crore

04 Feb 2021 Evaluate

PSP Projects has received Letter of Intent (LoI) for a project worth Rs 588.62 crore (including GST) from a private developer at Ahmedabad, Gujarat. The company has been ranked the L1 bidder (Lowest Bidder) by a regulatory authority for projects totalling to Rs. 1249.41 crore (including GST) for construction of medical colleges at multiple locations at Uttar Pradesh.

PSP Projects, the Ahmedabad-based firm is a multi-disciplinary construction firm and provides its services ranging from planning and design to construction and post-construction activities.

Peers
Company Name CMP
Lodha Developers 1061.00
Prestige EstatesProj 1490.00
Dilip Buildcon 393.85
DLF 669.60
Oberoi Realty 1703.50
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