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Praveg secures work orders for developing luxurious tents in Lakshadweep

14 Mar 2024 Evaluate

Praveg has received work orders from the Department of Tourism, Union Territory of Lakshadweep. The company is set to embark on the Development, Operation, Maintenance, and Management of luxury tent accommodations and a plethora of commercial activities on Thinnakara Island and Bangaram Island. This ambitious project envisions the creation of 200 luxury tents on Thinnakara Island and 150 on Bangaram Island, complemented by an array of high-end amenities including Scuba Diving, Destination Weddings, Corporate Events, Private Gatherings, a Health and Wellness Centre, Children’s Play Area, and a Coffee Shop among others. The initial term of the project spans five years, with the possibility of a two year extension.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.


Peers
Company Name CMP
The Indian Hotels Co 742.30
ITC Hotels 161.30
Mahindra Holi.&Resor 203.20
EIH 301.60
Chalet Hotels 888.95
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