Shriram EPC bags Rs 156 cr orders

Shriram EPC Ltd today announced that it has, along with its subsidiaries, received orders amounting to Rs 156 crore. The Chennai-based company is into-based integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants. It also into municipal service sector projects across India and abroad and is a manufacturer of wind turbine generators.

The orders for the company include a Rs 90 crore to SEPC’s subsidiary Hamon Shriram Cottrell Ltd from Mangalore Refinery and Petrochemicals Ltd for setting up a cooling tower and cooling water treatment plant for Phase III of the refinery project in Mangalore, Karnataka.

The scope of work for the project will include designing, engineering, supply of materials, construction and installation. The completion period for the project is 18 months.

It has received an order for Rs 30 crore from the Kerala Feeds Ltd for a 300 TPD cattle feed plant at Kallelibhagom, Karunagappally in Kerala. The project involves the design, engineering, procurement, fabrication, transportation, supply, erection, testing and commissioning of all civil, architectural and structural, mechanical, electrical and instrumentation equipments ô works.

SEPC will execute the engineering, civil, structural, mechanical, electrical and process automation for the plant. The cattle feed plant will be automated and based on technology from Poeth BV, Holland, with whom SEPC has a technical collaboration. The critical equipment for the project will be sourced from Heemhrost BV, Holland, who has been in the business of cattle feed plants for over 100 years. The SEPC team had executed a similar project for the same customer earlier. The completion period for the project is about 12 months.

Another order amounting to Rs 36 crore was bagged from the Kerala Water Authority for a clear water transmission Pipeline at Kochi. The project falls under the JNNURM programme for the Kochi Corporation and involves design, supply, laying, jointing, testing and commissioning of various sizes of pipes for transmission of water from treatment plant to various destinations. The combined length of all pipelines is around 23 km. The project is scheduled to be completed within 12 months.

T Shivaraman, CEO & managing director, SEPC, said the orders are for different verticals highlighting diversification of our business model on the one hand and our competence in our chosen areas of operation on the other.

He added, these order wins combined with signs of increased traction in the EPC space gives us confidence that we shall be able to grow our order book meaningfully over the short-to-medium term.