Sunil Hi Tech bags Rs487 cr power project
Sunil Hi Tech Engineers Ltd has been awarded the Balance of Plant (BOP) contract for Mahagenco’s Parli TPS Project Unit No. 8, 1 * 250 MW. The total value of the contract is Rs. 487.82 crore. This marks yet another milestone for Sunil Hi Tech as the company positions itself to participate in larger power infrastructure opportunities. Having successfully completed the Gangakhed Sugar and Energy power project in Maharashtra, the company’s existing qualifications as an EPC contractor for up to 100 MWs for thermal as well as co-generation power projects and now the qualification for 250MW plus opportunities create a diverse and valuable portfolio of capabilities.
Ratnakar Gutte, Chairman and Managing Director, Sunil Hi Tech Engineers Ltd (SHEL) said: “This creates fantastic growth opportunities for SHEL in the coming years. It is a testimony of our team’s focus, engineering excellence and execution capabilities and is in consistent with our stated objectives of attaining a leadership position in the power infrastructure market.”