Shriniwas Power and Infrastructure (formerly known as Concurrent (India) Infrastructure) has received an approval to acquire 51% shareholding in KSB Infraproject. Pursuant to this acquisition, KSB Infraproject will become a subsidiary of the company. The board at its meeting held on August 28, 2012 has approved for the same.
Shriniwas Power and Infrastructure operations cater around two businesses viz., power and construction. It also has a significant presence in the construction of hospitals, roadways, commercials, residential complexes, erection, material handling, engineering and power generation’s project.
