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Pyrifera Investment Advisors

23rd Dec · SEBI-Registered Analyst

VPRPL Secures River Sand Mining Lease in Rajasthan, Diversifies into Mining

Vishnu Prakash R Punglia Limited (VPRPL), an established EPC company founded in 1986, has entered the mining sector by securing a five-year river sand mining lease in Village Kanana, Balotra District, Rajasthan. The lease, awarded through auction and backed by all regulatory approvals, allows annual extraction of up to 154,350 metric tonnes of river sand. This move marks a strategic diversification beyond its core infrastructure projects in water supply, roads, railways, and irrigation across 11 states. Leveraging its operational strength—including over 500 owned construction equipment units—VPRPL aims to integrate mining with its existing EPC capabilities for synergistic growth. The new revenue stream supports the company’s focus on sustainable expansion while maintaining prudent financial management by avoiding high-debt models like HAM or BOT. Aligned with national initiatives such as Jal Jeevan Mission and AMRUT, this venture reflects VPRPL’s commitment to broadening its business portfolio and enhancing long-term value creation in India’s growing infrastructure landscape.

VPRPL

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