Pratibha Industries bag orders worth Rs 5.71 bn

Pratibha Industries today announced that it has bagged three projects worth Rs 5.71 billion in the building and water segment.

The company has bagged a project valued Rs 3.62 billion from Runwal Homes for the civil and structural work of a residential building 'Runwal Greens' located at Mulund-Goregaon Link Road, Mulund (West). The project is scheduled to be completed within a period of 27 months and will have a total built up area of 40 lakh sq. ft.

The other project bagged is from Lodha Group valued at Rs 1.79 billion for the project 'Casa Rio'. This involves the construction of 58 buildings for the integrated township to be set up at Dombivali. The project is scheduled for completion within a period of 16 months in two phases. In the first phase, 30 buildings and in the second phase, 28 buildings will be constructed.

In the water segment the company bagged an EPC contract worth Rs 0.3 billion along with its JV partner Gharpure Engineering and Construction from the Urban Improvement Trust, Ajmer, Rajasthan. The contract is to generate power from gases produced from sludge digestion of 60 million liters per day (MLD) from the Sewage Treatment Plant at Khanpura, Ajmer. The company would be required to design, construct, supply, install, test & commission civil, mechanical and electrical works. The project is scheduled to be completed in 18 months with an operation and maintenance component spanning over a period of 5 years.