You are here: Home » Companies » News
Business Standard

Shriram EPC bags Rs 165 cr contract in Kerala

The scope of the orders involve supplying and laying of PVC, DI and GI pipes totaling more than 1,000 km in length

Press Trust of India  |  Mumbai 

Shriram EPC today said it has bagged two contracts worth of Rs 165 crore from Kerala Water Authority for creating a water distribution network for Kozhikode and its adjoining villages.

The scope of the orders involve supplying and laying of PVC, DI and GI pipes totaling more than 1,000 km in length, the company said in a statement.

"Our diversified business model has helped us to carry a fairly strong order book, which today stands at Rs 3,194 crore, even in a challenging environment for project expenditures," company's Managing Director & CEO T Shivaraman said.

The prospects for our businesses catering to water and waste-water management and distribution systems and municipal services remain healthy due to the sheer backlog of necessary investments and infrastructure, he said.

"We are well placed due to a wide array of services and a diversified customer base consisting of public bodies as well as private sector players," Shivaraman said, adding, "our business visibility remains comfortable and we are focussed on the profitable execution of our order book."   

Shriram EPC is a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, May 21 2012. 20:25 IST