PBA Infra to touch orders worth Rs 2000 crore in next six months

PBA Infra to touch orders worth Rs 2000 crore in next six monthsPBA Infrastructure is expecting to touch Rs 2000 crore from orders in coming six months. The company is having orders of around Rs 900 crore currently. It is expected that it may go up to Rs. 2000 crore in nest two quarters. This has been informed by Ramlal Wadhwan, CMD of PBA Infrastructure while he was being interviewed by CNBC-TV18.

He has also informed that company has bid for orders worth Rs 8000-Rs 10000 crore in the next 6-8 months. PBA Infra had a number of joint ventures these days and now planning to tie up with some other companies too in near future.

Mr. Wadhwan has said that the company is looking for JVs with Sadbhav, J Kumar, RP Shah, Atlanta and others soon. The company has placed its bid and expecting to through with the deal in this financial year.

The company also entered into mining and stone pressuring recently. The company has invested Rs 8 crore in its plant and is preparing to put new plant in Nagpur and Aurangabad.