The construction industry in India has been recognized as one of the priority sectors and there is increased thrust on the part of the Government on development of infrastructure i.e. Hydel Power Projects, Mini Dams, Water Supply Schemes, Laying of Roads etc. which are having bright prospects for the industry.

Several State Governments are also giving importance to Hydel Power Projects for Power supply and Mini Dams for safe drinking water facilities in all rural and urban areas and thus opening new areas and activities for industries.

The privatization of transmission of Power by various Electricity Boards is opening up new avenues in the construction of Hydel Power Projects like Power House Complex, Head Race Tunnel (HRT), Tail Race Tunnel (TRT) and Destling Chambers etc.

As Thermal Power Projects are costlier and pollute the environment, Government Authorities and other different Organizations are preferring to construct Hydel Power Projects, which are Economical and Environment friendly. This shift to Hydel Power Projects has opened up new opportunities to the Company.

In view of encouraging trends in the industry, the Company is expected to show an improved importance in its core business activity as the Company has already established its name in the above activities and is able to show steady growth in turnover.

FLASH : Coastal Project Private Limited is since converted to Coastal Projects Limited.