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Parsvnath says forms JV with Spanish firm

Tue Nov 18, 2008 10:19am IST
 
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MUMBAI, Nov 18 (Reuters) - Parsvnath Developers Ltd (PARV.BO: Quote, Profile, Research) has formed a joint venture with Constructora San Jose of Spain, it said in a statement on Tuesday.

Constructura San Jose, a subsidiary of Grupo San Jose is a leading infrastructure development company of Spain.

The joint venture company has qualified to bid for an upcoming project to build an elevated expressway at a contract value of 12.2 billion rupees, it added.

(Reporting by Nandita Bose; Editing by Ramya Venugopal)

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