Kridhan Infra Wins Order Worth INR 1340 Million In Singapore
Kridhan Infra Limited (“Kridhan” or “KIL”) had announced that its subsidiary KH Foges Pte. Limited has recently been awarded a new piling contract, in Singapore, worth INR 1340 million. The contract period for the project is approximately 4 months.
Kridhan Infra has evolved into a leading EPC company in Singapore through the acquisition of Swee Hong Limited. The company has an established foothold in the geotechnical and foundation engineering space and is the 2nd largest foundation engineering player in Singapore.
KIL has recently strengthened its India business through the strategic acquisition of Vijay Nirman Company limited (“VNC”), a pedigreed private construction company based in Visakhapatnam, with over 35 years of operations. VNC has a robust order book of over INR 32 Billion (as on February 2018) and has a strong technical skill set with a superior leadership team. VNC has completed over 400 projects and has an exceptional reputation in civil engineering, design and project management skills. Kridhan is in the process of acquiring a 50.5% stake in VNC and as on date holds 41.47% stake.
- Bagged By:
- Value:INR 1340 Million
- Published On:2018-04-05