Skipper Bagged Orders Worth INR 5002.1 Million
Skipper Limited secured new orders worth approximately INR 5002.1 million in its Engineering & Infrastructure business segment.
In an announcement, the company shared the news of securing fresh new orders worth approx. INR 3764.8 million from national & INR 1237.3 million from international markets for supply of Power Transmission Towers & Telecom Poles.
1. India: Secured orders for supply of domestic Transmission Towers & EPC Line construction worth INR 3014.8 million from Power Grid Corporation of India Ltd (PGCIL) , Transmission Corporation of Telangana Limited (TSTRANSCO) & Power Transmission Corporation of Uttarakhand Limited ( PTCUL)
2. Botswana & Philippines: The company further explores newer markets and secures orders worth INR 1237.3 million from South African & Southeast Asian territories
3. Telecom Poles: The Company revisits manufacturing of Telecom Poles. It secured fresh orders for manufacturing of Telecom Poles worth INR 750 million
Commenting on the development Mr. Sharan Bansal, Director, Skipper Limited said “With these orders we have further strengthened our domestic as well as international order book. Now with Botswana in our network, we have further expanded our footprint in the potential African Market, continuing to reinforce our presence in the Southeast Asian market too. These orders have further strengthened our vision of making India the preferred sourcing hub for Global Infrastructure.
Our focused strategy of de-risking the business through geographic spread and diversified business portfolio has definitely yielded good results. The strong pipeline of orders from both domestic and international markets, provide us with clear growth visibility for next 2 years”.
- Bagged By:
- Value:INR 5002.1 Million
- Published On:2017-05-15