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PSP Projects wins order worth Rs 317 crore

May 15, 2023

By: BlinkX Research Team

Construction company PSP Projects on Monday informed to the exchanges that it has bagged a Rs 317.13 crore order from Gujarat’s Narmada, Water Resources, Water Supply and Kalpsar Department.

According to the exchange filing, the project is for development of Dharoi Dam region as World Class Sustainable Tourist/Pilgrimage Destination.

Further, the project also pertains to development of Road, Infrastructure & Adventure Water Sports Arena (Package –1) of the Dharoi Dam region. The company has informed to execute the project within 18 months.

With the latest project, the total order inflow of the company has reached to Rs 758.4 crore for FY23-24, the company said. This is PSP Project’s second order in the month of May as earlier it had received work orders worth Rs 441.25 crore in government and institutional segment.

Source: Media reports