Shriram EPC today said it has bagged two contracts worth of Rs 165 crore from Kerala Water Authority for creating a water distribution network for Kozhikode and its adjoining villages.
The scope of the orders involve supplying and laying of PVC, DI and GI pipes totaling more than 1,000 km in length, the company said in a statement.
"Our diversified business model has helped us to carry a fairly strong order book, which today stands at Rs 3,194 crore, even in a challenging environment for project expenditures," company's Managing Director & CEO T Shivaraman said.
The prospects for our businesses catering to water and waste-water management and distribution systems and municipal services remain healthy due to the sheer backlog of necessary investments and infrastructure, he said.
"We are well placed due to a wide array of services and a diversified customer base consisting of public bodies as well as private sector players," Shivaraman said, adding, "our business visibility remains comfortable and we are focussed on the profitable execution of our order book."
Shriram EPC is a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators.