Shriram EPC bags multiple orders worth Rs 349 cr

This order envisages renovation of existing infrastructure such as tube wells, overhead tanks and ground level reservoirs as well as construction of new overhead tanks and reservoirs. The scope also includes setting up of distribution network through piping as well as instrumentation and other electrical works including software installation. 

The Asian development Bank funded project is to be executed over a period of 42 months, with operations and maintenance period of 3 years.  The second order amounting to Rs 38 cr is from the Karnataka Urban Infrastructure Development & Finance Corporation Ltd and entails construction of pipeline, overhead tank and distribution network of 24/7 Water Supply System at Byadgi along with operations and maintenance. 

The Asian Development Bank funded project is to be executed over a period of 24 months while the O&M component extends up to 8 years post completion. The O&M component includes management of the entire water supply system from source to ensure adequate water pressure, quality and quantity of water supplied, processes for meter readings and billing, setting up collections as well as customer relationship management, Updation of customer database and monitoring non-collections. 

T Shivaraman, MD & CEO of Shriram EPC, said, “We have witnessed a steady flow of order wins across our business verticals in recent times on the back of concerted efforts towards reviving our core EPC business. These orders will further help us maintain the business momentum and aid us further in accelerating the revival process. We have been undertaking requisite measures towards improving our efficiencies and improving our executional capabilities. We are confident that the quality of offerings and track record in implementation will enable us to scale this high potential vertical and augment our performance in coming years.” 

Shriram EPC, headquartered in Chennai, is a provider of integrated design, engineering, procurement, construction and project management services for infrastructure projects in roads and highways, water and sewer, renewable energy, process and metallurgical plants and municipal service sector projects throughout India.