Kirby bags Rs 190cr order from Renault-Nissan

Addressing the media here on Thursday, Kirby chairman Praveen K Tandon said about 20,000 tonne steel would be used for the project. Kirby will handle the designing component as well.

The total facility will be spread over 300,000 sqm and will include buildings for stamping, trims and chassis, body shop, power train and painting. The project will be completed by April next year.

While the components will be fabricated at its plants in Hyderabad and Haridwar, these would be assembled in Chennai. The project, to be carried out in phases, would be completed in nine months.

"This is taken up as a fast track project from concept to finish,"' he said, adding that Kirby had an installed capacity of about 200,000 tonne.

The company's order book stands at about Rs 700 crore spread over 150 projects to be delivered this calendar year, he said.

Kirby, which commenced operations in 2000, accounts for a 55 per cent share in the country's PEB market and has executed over 2,500 PEB projects in India including those of Nokia, Suzlon, Reliance Retail and Delhi Metro Rail Corporation. The company expects to cross Rs 1,200 crore turnover this year, he said.