Mumbai-based PBA Infrastructure Ltd, formerly known as Prakash Building Associates, has secured a contract worth Rs 12.83 crore from Brihanmumbai Mahanagarpalika Corporation.

The Work is for E-204 WSP Concreting & improvement of sides stripes of road leading to pise pumping station from Mumbai Nasik Highway to pise pumping station (Part-II) (Upto Chainage 4500 M to 9000M).

PBA Infrastructure Limited constructs highways, dams, runways and heavy RCC structures, bridges, and other infrastructure projects in India. The company has also managed toll collection projects. Its customers include government agencies and public works department of various state governments.

PBA Infrastructure’s net profit rose 33.94% to Rs 146.10 crore on 29.50% rise in total income to Rs 370.66 crore in the year ended March 2008 (FY 2008) over the year ended March 2007 (FY 2007).