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Sunil Hi-Tech bags order of Rs 1006mn from NTPC, JSW Steel

This article was posted on Apr 1, 2008 and is filed under Press Releases

Sunil Hi-Tech Engineers Limited has bagged projects amounting to Rs.1006.80 Millions which constitutes structural works of 2x500MW, NTPC, at Ennore, in Tamil Nadu worth Rs.902.20 millions, and structural works at Bellary worth Rs.104.60 millions through M/s JSW Steel.

Both the jobs are to be completed within a time frame of 15 to 36 Months. Sunil Hitech is involved in building various projects including these two, which will generate around 1300 MW and in total 20000 MW in the near future.

The total tonnage to be executed is about 42500MT which involves fabrication and erection of structures. With this order, the company has reached an unexecuted order book position of Rs.8239.42 millions.

“This order reiterates the company’s intention of balancing its public – private mix of clientele. Steady growth, together with our progress till date strengthens our resolve to be the most innovative and efficient contributor to the Indian power industry.” said Mr. Sunil Gutte, Executive Director, Sunil Hi-Tech Engineers Ltd.

Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power secor, had surpassed its performance with excellent results in the past quarter. The company’s Total Income in Q3 FY08 has jumped 121 % to Rs. 79.10 crore against Rs. 35.85 crore for the same period last year. The PAT of the company has swelled 231 % to Rs. 5.04 crore.

Sourced From: Concept Public Relations India Pvt. Ltd

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