Kridhan Infra Limited VNC wins new order worth INR 174 Crores
Deepthi | Myequity news | Date : 22-08-2018 19:30:00 IST
Kridhan Infra Limited's associate company Vijay Nirman Company Private Limited (“VNC”) has won the order worth INR 174 crores from Central Public Works Department (CPWD), Government of India for construction works in New Delhi. The time frame for completion of the project will be 21 months.
VNC has a vast experience in the roads, bridges, airports and affordable housing segments and is well reputed for its timely execution and its strong technical skill. VNC has completed over 400 projects, in over 30 years of operations.KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL.About Kridhan Infra Limited:
Kridhan Infra Limited is an India-based holding company. The Company operates as an engineering company, which provides pre-cut/bend bars from 6 mm to 40 mm diameter; coupler, which is used to join two rebars of the same mechanical splice, and concrete piles, bored and cast-in place using dry and wet boring methods based on ground conditions enabling installation of larger diameter piles and permit construction through particularly stiff or hard soil. Its segments include India and outside India. The Company provides mechanical splicing (couplers) and threading solutions in India. Its services include bored piling for construction of large buildings; driven piling; micro piling for low-rise buildings, such as residential housing; soil improvement through addition of sand, and soil investigation to assess the suitability of soil for proposed construction. It has operations in Singapore, Myanmar, Malaysia and other South East Asian countries.