Praveg has received a Letter of Award (LoA) on February 25, 2026, from the Government of Meghalaya Directorate of Tourism for the development, operation and maintenance of luxury cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) mode on Public-Private Partnership.

The project involves the development, operation and maintenance of a minimum of 40 luxury cottages on 10 acres of land, along with all ancillary amenities and facilities. The company is required to complete development and make the project operational on a year-round basis within 18 months from the appointed date. The project has been awarded with a concession period of 30 years.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.