Monday, July 23, 2007

Pratibha Industries Secures Two Contracts For Water Supply Projects From Municipal Corporation Of Gr

Pratibha Industries Ltd has informed that the Company has secured two contracts from Municipal Corporation of Greater Mumbai for water supply schemes. The total value of the contracts is Rs 434.86 crores.

Above projects are parts of Middle Vaitarna Water Supply Project and involve providing and laying of 3000 mm diameter M.S. pipes of total length of 20.7 km and allied works. The projects are to be executed in 45 months.

The Company is engaged in infrastructure business with keys focus on water segment. 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.

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