Shriram EPC wins order worth Rs. 166.16 crores and Rs. 59.55 crores from Jharkhand Urban Infrastructure Development Co. Ltd.

Deepthi | Myequity news | Date : 04-12-2018 11:40:00 IST

Shriram EPC Limited (SEPC), one of India’s leading high-end engineering services company providing EPC & Turnkey solutions, has announced that it has been awarded two separate orders amounting to Rs. 166.16 crores and Rs. 59. 55 crores from the Jharkhand Urban Infrastructure Development Co. Ltd.

The scope of work of this order involves augmentation and-strengthening of Dhanbad Water Supply Scheme - Phase 1 under Dhanbad Municipal Corporation and Water supply system for Khunti Nagar Panchayat(Jharkhand).

Commenting on the order, Mr. T. Shivaraman, Managing Director & CEO of Shriram EPC Limited, said: “We are pleased to report continued momentum in order wins. The steady accretion in order backlog reaffirms the robust demand for high quality engineering services across all our business verticals. While we are working towards scaling each vertical further the emphasis remains on growth that is profitable and of good quality. Implementation of our overseas orders in Oman and Tanzania is progressing well. Work on our JV project in Basra has restarted along with our local Iraqi partner. We successfully turned around the business in FY18 and have established a platform on which to build further. We are confident that our strong execution capabilities combined with operations that are diversified across verticals, geographies and customer profiles will serve to elevate the growth trajectory in the quarters and years ahead.”

About Shriram EPC:

Shriram EPC is one of the leading service providers of integrated design, engineering, procurement, construction and project management services for infrastructure projects in Roads & Highways, Renewable energy, Process and Metallurgical plants and Municipal service sector throughout India.

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