MoneyWorks4Me

High Ground Enterprise’s arm gets environmental clearances for Mining Project in Haryana

23 Apr 2016 Evaluate

High Ground Enterprise’s subsidiary -- HGEL Integrated has been granted environmental clearances by the State Environment Impact Assessment Authority (SEIAA) for its mining project in Narnaul, Mahendergath in Haryana. This mining project shall add on to the topline of the entire HGEL group, expecting an estimated turnover of over Rs 225 crore in next 3 years.

High Ground Enterprise has two divisions viz Engineering Procurement and Construction Management (EPCM) and Allied media services (M&A). EPCM is now eligible to bid and execute for Central as well as various State governments and PSU tenders for variety of category and sectors under infrastructure development which includes Oil & Gas, Power, Telecom, Road construction & maintenance, Signage/Electrical, Installations, Civil work/Construction management and Complex engineering consultation. EPCM division currently accounts for over 80% of its total revenues, while the rest being constituted by the Allied Media division.

Peers
Company Name CMP
PVR Inox 1315.80
Saregama India 506.85
Shemaroo Entertain. 124.50
UFO Moviez India 60.69
Balaji Telefilms 94.14
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