MoneyWorks4Me

Technofab Engineering receives orders worth Rs 205 crore

22 Jan 2018 Evaluate

Technofab Engineering has received two new orders worth Rs 205 crore from Public Utilities Corporation, Seychelles. The projects are in the waste water sector and are funded by European Investment Bank.

With this the order backlog increases to Rs 2,200 crore, which is an all time high. It also enhances the company’s standing as a significant player in the Water and Waste Water Sector both in India and overseas. This sector now accounts for around half the total order backlog.

Technofab Engineering provides engineering procurement and construction services. It serves power, oil and gas and other industrial infrastructure undertakings.


Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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