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Pratibha Ind & 2 others win Rs 242 cr pipeline contract

Engineering company, Pratibha Industries Monday said it has won a contract for Rs 241.50 crore to construct pipelines for the Goa Water Supply and Sewerage Project.

April 25, 2011 / 16:33 IST

Engineering company, Pratibha Industries Monday said it has won a contract for Rs 241.50 crore to construct pipelines for the Goa Water Supply and Sewerage Project.

The contract, a joint venture with Megha Engineering & Infrastructure and Sai Sudhir Infrastructure, is expected to be completed within 24 months, the company said in a filling on the Stock Exchange.

Pratibha Industries has a 25% stake in the contract value, the release said.

Shares of Pratibha Industries ended at Rs 61.85, down 1.51% on the Bombay Stock Exchange.

first published: Apr 25, 2011 04:00 pm

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