: Shriram EPC Ltd, the engineering business unit of Shriram Group, has forayed into transportation sector and has bagged its maiden order worth Rs 71 crore from a Tamil Nadu based temple.
The company was awarded the order by Arulmigu Dandayuthapani in Palani for installation of second rope car facility, a company statement said.
"The scope of this first transportation project work includes design, manufacture, supply, erection, testing, commissioning, operating and maintenance for the second ropeway to the temple (Palani)", it said.
The temple can transport minimum 1,200 persons a hour to the temple located on the top of the hill compared to the current mode of transport which can shift 300 passengers a hour.
The installation of second ropeway was in the backdrop of increasing number of pilgrims visiting the temple.
"We are excited by this order win which marks our entry into a new business vertical. This project with our partner will broaden our range of offerings and allow us to tap into a new sector", Shriram EPC Ltd., Managing Director and CEO, T Shivaraman said.
"Our focus will be to grow our order book and enhance execution by leveraging our strong technical capabilities enabling us to sustain the improving trajectory..", he added.
France-based Poma S.A. Would provide the technology equipment and systems to Shriram EPC for setting up the second ropeway, the release added.
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