On Wednesday, August 14, PSP Projects announced it secured multiple contracts worth an estimated INR 654.67 Crore. The company also clinched several smaller work orders amounting to approximately INR 67.65 Crore.
The first major contract, valued at an estimated INR 484.02 Crore, involves civil and structural work for the ‘Himalaya’ project in Sanand, Gujarat. This project, commissioned by International Refreshments (India) Pvt Ltd, is set for completion within 14 months.
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Additionally, PSP Projects won another contract worth an estimated INR 102 Crore for the ‘Ninety’ project in Mumatpura, Ahmedabad. This venture, under PSP Properties LLP, is scheduled to finish within 10 months. Moreover, the company emerged as the Lowest Bidder (L1 Bidder) for the Construction of a Hotel and Secondary High School worth INR 168.13 Crore.
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