Technofab Engineering has bagged a new order in the domestic water sector valued at Rs 281 crore. The project is funded by Asian Development Bank. This order gives a further impetus to the company's standing in the water sector, coming as it does, soon after securing orders in Bhutan and Uganda, and recently completed projects in Tanzania and Zimbabwe. It may be recalled that the company sees this sector as a major thrust area. With this, the order backlog stands at around Rs 2000 crore of which the water sector now contributes close to 45%.
Technofab Engineering provides engineering procurement and construction services. It serves power, oil and gas and other industrial infrastructure undertakings.