Praveg Ltd Receives Letter of Award for Development of Premium Resort at Dhordo, Kutch, Gujarat

Praveg Limited, a leading eco-responsible luxury resorts company in India, has received a Letter of Award (LoA) for the development, operation and management of a new resort project at Dhordo, Kutch, Gujarat. The project involves the development of 46 rooms/keys (luxury tents) and 42 dormitories, with a total capacity of 252 beds, equivalent to 126 standard rooms. This award is in addition to the existing 30 Bhungas currently operated by Praveg Limited at the location under a 5-year agreement. The project has been granted a concession period of 35 (thirty-five) years, providing significant long-term visibility for business growth and value creation. The new resort is expected to deliver substantial strategic and economic advantages, including strengthening Praveg’s presence at a globally recognized tourism destination, significantly augmenting accommodation capacity for domestic and international travelers, and generating long-term financial value through an asset-light concession model. The project is also likely to stimulate socio-economic growth by creating employment opportunities and supporting regional tourism infrastructure, while upholding Praveg’s commitment to environmentally conscious development and low-impact hospitality solutions.