PSP Projects bags orders worth Rs 115.49 crore

TPSP Projects rose 4.09% to Rs 693 after the company announced that it had received work orders worth Rs 115.49 crore in the institutional and industrial sectors.

With the above orders, the company’s total order inflow for the fiscal year 2022-23 to date amounts to Rs 1,948.58 crore, according to the press release. Meanwhile, the company announced that it had received a letter of intent (LoI) from Nila Spaces for the civil construction of a prestigious residential project called “VIDA” at GIFT City Gandhinagar in Gujarat. The project entails civil construction of 3B+G+33 floors of high-rise residential towers totaling Rs 121.51 crore.

PSP Projects is a multidisciplinary construction company in India that provides a wide range of construction and allied services. It offers construction services throughout the value chain, from planning and design to construction and post-construction activities.

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