We attended a group meeting with Prahaladbhai Patel, CMD and CEO of PSP Projects (PSPPL). Following are the key takeaways: Targeting ~Rs 35bn near-term bid opportunity: PSPPL has identified several key projects due for award in the near term: (i) Rs 8.5bn riverfront project in Gujarat (multiple small-ticket works of Rs 500mn each); (ii) Rs 8bn unfinished residential project of Nayara Energy in Jamnagar, Gujarat (bids submitted in Mar'19; JMC, PSPPL, Capacite participated); (iii) Rs 15bn residential-cumschool building project of Vedanta in Barmer, Rajasthan; (iv) Rs 1.8bn building project for Gujarat Science City, Ahmedabad; (v) others worth Rs 3bn in Gujarat....