KH Foges Bags Orders Worth INR 130.5 Crores
Deepthi | Myequity news | Date : 29-10-2018 20:45:00 IST
KH Foges, Singapore-based 100% subsidiary of Kridhan Infra Limited has been awarded two new orders in Singapore worth S$ 24.63 Million (INR 130.5 Crores).
KH Foges has been contracted to execute Piling Works for a seven-storey distribution centre in Singapore. This order is worth S$19.85 million and is to be completed within 5 months. Additionally, the company has secured a project worth S$4.78 million, to commence Bored Piling Works for 726 dwelling units. The duration for this order is 5 months. About Kridhan Infra:
With these new project wins, the total order book for KH Foges has climbed to above S$100 million. The company is now the 2nd largest foundation engineering company in Singapore, possessing the prestigious L6 certification, which enables them to bid for unlimited value projects for piling work. KH Foges is a 100% subsidiary of Kridhan Infra Limited.
Established in 2006 with headquarters in Mumbai, Kridhan Infra is one of the pioneers in introducing the concept of ready-to-use steel for the construction industry in India. Within a short span of time, KIL expanded its business to Singapore, Myanmar, Malaysia, and other South East Asian countries. KIL strengthened its India business with the recent acquisition of Vijay Nirman Company.