PBA Infrastructure Limited, originally Prakash Building Associates Ltd., was established in 1974 and became a Public Limited Company in 2005. Specializing in infrastructure projects across India, PBA focuses on constructing highways, dams, bridges, runways, and heavy RCC structures. Despite its expansion, the company encountered financial difficulties starting in 2010 due to an industry slowdown, high working capital needs, and complications with government contracts that led to arbitration and legal challenges. These issues resulted in its accounts being classified as Non-Performing Assets (NPA) by its banking consortium since 2013, halting further financial support.
PBA's notable projects include the Bhagwada Toll collection work at Vapi and the 'Aurangabad Jalna Project,' a BOT endeavor completed in 2009 in partnership with Sadbhav Engineering Ltd. Despite its operational challenges, PBA Infrastructure's historical project experience highlights its capabilities in significant infrastructure developments.
