PSP Projects Limited — New Orders, 28-02-2025: Bagging/Receiving of orders/contracts
PSP Projects has received Work Orders and Letters of Intent valued at INR 1,764.12 Crore (excluding taxes), bolstering its order book significantly. Key projects include:
1. City side Development at Ahmedabad Airport - INR 647.22 Crore, completion in 18 months.
2. Adani Medicity & Research Center - INR 411.72 Crore, completion in 24 months.
3. Residential Project at Shatigram - INR 139.93 Crore, completion in 22 months.
4. Leadership Guest House at Shatigram - INR 147.47 Crore, completion in 18 months.
5. Airside and Landside Development at Ahmedabad Airport - INR 223.47 Crore, completion in 12 months.
6. Training Centre at Shantigram - INR 61.07 Crore, completion in 18 months.
7. Vishram Gruh at Asarva Civil Hospital - INR 51.00 Crore, completion in 20 months.
This brings the total order inflow for FY 2024-25 to INR 3,478.58 Crore. Additionally, the company has emerged as the Lowest Bidder for a Street Development project in Ahmedabad worth INR 120.53 Crore. The positive inflow positions the company for growth, though investors should monitor execution timelines closely.
