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Pennar Group Wins Orders Worth Rs 571 cr

Pennar Group, a value-added engineering products and solutions company, has bagged orders worth Rs 571 crore across its various business verticals.

 

The pre-engineered building vertical received orders for construction of manufacturing facilities, warehouses, solar PV modules, structural steel, chiller room, from customers like Amazon, Amyraah Properties, Trident, UTCL, Toyo and others. The current order book position is Rs 360 crore.

 

The Railways vertical has received orders from GE, ICF, Railtech, SCR, Texmaco, TI Metal, etc. The current order book position is Rs165 crore.

 

The Industrial Components vertical has received orders from Emerson, Endurance, Yamaha, Ashok Leyland, Wabco, Tecumseh and others.

 

The Enviro vertical has received orders from the Department of Atomic Energy (BARC) and others. The current order book position is Rs 59 crore.

 

The Solar Vertical has received orders from Vivan Solar, MB Green Energy, Axitec Energy, Heyday Ventures and Impulse Green Energy. The Tubes and Steel Verticals have also received orders from its existing customers.

 

Pennar’s subsidiary Pennar Global Inc, having its headquarters in the US, has booked orders worth Rs 223 crore.

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