March 5, 2008

Pratibha Industries secures contract

Pratibha Industries Ltd has informed that the Company has secured a contract for 'Construction of 900 MLD capacity water pumping station at Bhandup Complex' from Municipal Corporation of Greater Mumbai. The project is in joint venture with Kirloskar Brothers Ltd. The total value of the contract is Rs 53.81 crores.

The project involves 'construction of 900 MLD capacity water pumping station at Bhandup Complex under IV Mumbai Water Supply Project of Municipal Corporation of Greater Mumbai'. The project is to be executed in 30 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.

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