Pratibha Industries secures contract worth Rs 156 crore

18 Sep 2008 | 10:10

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Pratibha Industries secures contract worth Rs 156 crore


Pratibha Industries has secured a contract for design, construction
etc. of water supply scheme along with ancillary work from Delhi Jal
Board. The total value of the contract is Rs 156 crore.

The
project involves design, construction, supplying, laying &
jointing, testing & commissioning (with operation and maintenance
for 5 years) of 1500 mm dia. MS pipe of total length of 22 km for raw
mater supply along with ancillary work. The project is to be executed
in 21 months.

The company is engaged in the business of
infrastructure and manufacture of SAW pipes. As the company moves
ahead, it has laid increased emphasis on devising its business strategy
on aggressive top line growth, a de-risked business model and increased
operational efficiencies.

The company made this announcement during the trading hours today, 18 September 2008.