Engineering solutions firm Pennar Industries wins contracts worth Rs 255 cr

It received orders from Adani Power, Larsen & Toubro, Sterling & Wilson, Azure, Renew

Pennar
Press Trust of India New Delhi
Last Updated : Jun 13 2017 | 3:48 PM IST
Specialised engineering steel solutions provider Pennar Industries said on Tuesday it has won contracts worth Rs 255 crore across its business units.

The orders include module mounting structures from Adani Power, Larsen & Toubro, Sterling & Wilson, Azure, Renew, Amplus and Asian Fabtech among others, Pennar Industries said in a statement.

The company said its systems & projects unit has received "order for under frames from Integral Coach Factory and Modern Coach Factory".

Also Read

Pennar Engineered Building Systems received order from a cement company for its building at Dolvi besides contract from a paint company for its factory at Bellary.

The other orders are from IKEA for its distribution centre at Hyderabad, Azure Power for its module structures at Kalwakurthy, Toyo engineering for fertilisers unit at Kota and Berger Paints for a warehouse near Kolkata.

It also bagged Water Treatment Filters order from Doosan Hydro (USA) besides order for sewage treatment plant and water treatment plant from Ambience Infra.

The company also received repeat order for Hydraulic cylinders from BEML; for customised cylinders from Bailey, USA Steel Products; for Collecting Electrodes from Hamon, GE Power; for Special grade steel from IFB Industries, KM Seat, JM Frictech Luk India and for Cold Rolled Close Annealed from Bimetal Bearings, IFB Industries, Luk India.


*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 13 2017 | 3:48 PM IST

Next Story