Pratibha Ind secures JK Rangil contract

Mumbai, Apr 25: Pratibha Industries Ltd has secured a Rs 272 million water supply and execution contract under Rangil Water Supply Scheme from Jammu and Kashmir economic re-construction agency.

The project involves providing, laying, joining, testing and commissioning of 50 kms of DI pipes for transmission and distribution of water to Srinagar city from Rangil Water Treatment Plant. The project is funded by Asian Development Bank, a company release informed the BSE today.

This is the first foray of the company into the State of Jammu&Kashmir.

It is engaged in infrastructure business with key focus on water segment.

The company as it moves ahead has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operating efficiencies.

UNI