PSP Projects Limited has been awarded with Outstanding Structure Award (State) in Commercial Category for its commercial building project One42 at Ahmedabad and Outstanding Structure Award (Regional) in Institutional and Mass Housing category for its projects Lilavati Library at CEPT University Ahmedabad and Gujarat Housing Board Naranpura Ahmedabad respectively at the Outstanding Structure Awards 2020 organised by Indian Concrete Institute (ICI) and UltraTech at Ahmedabad.