Pennar Industries Bags Contract Worth 550 Crore
Pennar Industries Limited announced that it has bagged orders worth INR 550 Crore across its business verticals during the month of February 2020.
The Pre-Engineered Buildings division received orders for Manufacturing Plants, Airport Terminal, Solar Mounting Structures and Warehouses from leading names such as MRF, Mega Wide – GMR GoaAirport, Azure Power, Saffron Grid, TVS ILP, and Indus Project.
The Railways division received orders from customers such as SAIL Rites, Integrated Coach Factory, and Universal Engineering. The Steel division received orders from Adani, L&T, Tata Nuevosol Energy, L.G.Balakrishnan, Steel Mart, Schaeffler, JM Frictech and others.
The Tubes division received orders from Alf Engineering, VE Commercial, TVS Ancillaries, BajajAncillaries and others, besides Export orders from Sourcing Systems, USA and Steel Tube Investments,USA.
The Industrial Component division received orders from Emerson, Endurance, Tecumseh, INEL, Yamaha, Ashok Leyland, IFB, WABCO, Firestone and others.
The current order book position for Pre-engineered Buildings division stood at INR 455crore, Railways division at INR 290 crore and Water Treatment Solutions at INR 78 crore.
- Bagged By:
- Value:INR 5500 Million
- Published On:2020-03-10