
Business Update28 Oct 2026, 04:40 pm
Praveg Ltd Receives ₹11.16 Cr Work Order for Statue of Unity Facilities
AI Summary
Praveg Ltd has received a Work Order from Tourism Corporation of Gujarat Limited (TCGL) for developing rest shelter facilities for the Parade Contingent at the Statue of Unity (SOU) Area. The scope includes providing, erecting, and furnishing the setup, along with operation and maintenance for 13 days. The accommodation requirement has been revised to 6,700 personnel. The tentative contract value is INR 11,15,93,500/- (Rupees Eleven Crore Fifteen Lakh Ninety-Three Thousand Five Hundred only), plus applicable GST. The final value will be based on actual execution.
Key Highlights
- Praveg Ltd secured a work order from TCGL for SOU facilities.
- Contract value is ₹11.16 Crore plus applicable GST.
- Scope includes development and 13-day operation of rest shelters.
- Revised accommodation for 6,700 personnel.
- Final contract value subject to actual execution.
Price Impact
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