Krishna Ventures has received approval for total capital expenditure (capex), on establishing its Plant of HVAC and Sheet Metal at Greater Noida. The said plant is excepted to commence the commercial production from third Quarter of FY2022, which is estimated to Rs 10 crore in first phase which will be financed partly through internal sources/ Debt.
The Company had also participated in a Tender from Ordinance Factory Medak Hyderabad for Turret Pneumatic Equipment and has technically qualified as the lowest financial bidder. This is the Trial order and the total annual revenue expected will be around Rs 30 crore from the HVAC/Sheet Metal Business.
Krishna Ventures is engaged in builder, contractor, developer and consultancy services.
Company Name | CMP |
---|---|
Engineers India | 247.90 |
Rites | 701.00 |
Pitti Engineering | 902.00 |
Kennametal India | 3679.40 |
MTAR Technologies | 1800.90 |
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