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PSP Projects wins work order in Ahmedabad

Oct 31, 2023

By: BlinkX Research Team

PSP Projects is in receipt of addition of scope of work for construction of chocolate plant (Phase III) for a multinational company in Sanand, Ahmedabad, with the revised order value worth ₹266.56 crores (excl. GST) from earlier ₹200 crores (excl. GST) in institutional category. The project is to be completed within a period of 19 months. 

The company also received the work order for the construction of commercial tower in GIFT City, Ahmedabad worth ₹57.33 crores (excl. GST) from Ozone Viswanath Developers in Institutional Category. The project is to be completed within a period of 22 months. 

Other work order received by the company is the development of Kalamkhus Campus worth ₹24.81 crores in Ahmedabad for Ahmedabad Municipal Corporation. The project is to be completed within 18 months.

With receipt of above orders, the total order inflow for the financial year 2023-24 till date amounts to ₹958.63 crores for the company.

PSP Projects also emerged as the lowest bidder for the project “Construction of Main Building” for Gujarat Biotechnology Research Centre (GBRC) at Gandhinagar worth ₹101.67 crores.