New project offer for Pratibha Industries and Concurrent
India's leading infrastructure services provider Pratibha Industries has managed to receive an order worth Rs 100 crore from the Maharashtra government. Now the company will be involved in construction related works for the State Government. The project is related to the construction of bridges of the Maharashtra State Road Development Corporation.
The Pratibha Ind. has also accepted the offer and has informed regarding this in a filing to the Bombay Stock Exchange (BSE). It has also informed that the work includes construction of bridges, maintenance of roads and toll collection for the Government.
On the other hand Concurrent (India) Infrastructure has also produced a similar kind of filing at the Bombay Stock Exchange. It has informed that it has got an Rs 74.37 crore project from Kranthi Constructions. It will be involved in infrastructure related works in Guwahati, Assam.
The project is related to erosion control for managing flash flood for Guwahati as per the Concurrent filing. However, the company officials have said there are certain formalities that yet to be approved.