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Vivanta Industries gets LoI for execution of turnkey project in Uganda

22 Dec 2021 Evaluate

Vivanta Industries has received a Letter of Intent (LoI) from Vitaanova Healthcare Uganda for execution of a pharmaceutical project for manufacturing tablets, capsules and oral liquids on a turnkey basis including planning, designing, engineering, construction, supply, installation and commissioning of plant and machinery along with obtaining WHO approval.

The entire project with an aggregate value of $5.9 million (approximately Indian Rs 44.60 crore) is to be completed within a period of 18 months from the date of signing the contract.

Vivanta Industries is engaged in the business of trading of various steel products, electronic items and Dealing in Shares & Security.

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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