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PSP Projects Ltd is in receipt of LOA/work orders worth ₹41.68 crore (excluding GST) for institutional and government projects.
The Government order worth ₹38.78 crore is for finishing works (interior) of guest rooms and corridors for redevelopment of Gandhinagar capital railway station and development of a 300-room hotel above the airspace of Gandhinagar capital railway station at Gujarat. With the receipt of these projects, the total work orders received during the financial year 2019-20 (till date) on standalone basis amounts to ₹1,552.53 crore, the company added.
Shares of PSP closed at ₹514.25, down 1.55 per cent on the BSE.
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