Wednesday, 24 July 2013

Pennar Industries’ arm secures orders worth Rs 50 crore

Pennar Industries’ subsidiary- Pennar Engineered Building Systems (PEBS Pennar) has secured orders from Shapoorji Pallonji & Co, Gland Pharma, Indian Logistics and Volvo India, and other projects worth Rs. 50 Crore 

The company has received first order from Shapoorji Pallonji &Co for a site building at Tumkur, near Bangalore, Karnataka. The total area of the building is 3,900 sqm. The company has received second order from Gland Pharma for a warehouse building near Hyderabad. The total area of the building is 4,900 sqm. The company has received third order from Indian Logistics for a warehouse building at Bhiwandi, Maharashtra. The total area of the building is 16, 00,000 sft. The company has received fourth order from Volvo India, for five projects. The new orders include a renovation building, DG room with pipe rack and supply of additional materials for the extension of two existing buildings. The project site is near Hoskote, Kolar Road, and Karnataka.

Pennar Industries is engaged in the manufacturing of Cold Rolled Steel Strips (CRSS) and value-added products under Cold Rolled Formed Sections (CRFS) like precision tubes, engineered components, road safety systems, parts of railway coaches and Electro Static Precipitators (ESP).

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