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Sanghvi Movers’ arm secures work orders worth Rs 292 crore

15 Sep 2025 Evaluate

Sanghvi Movers’ material subsidiary -- Sangreen Future Renewable has secured work orders worth Rs 292 crore from various Independent Power Producers. The work orders comprise Wind Balance of Plant (BOP) which includes construction of WTG Civil foundations, Internal roads, Crane platforms, WTG intercarting from storage yard to respective WTG locations, Installation of WTGs, Mechanical Completion, Internal 33Kv line works as well as DP yards for respective WTGs. The work orders are expected to commence from Q2 of FY 2025-26 and to be completed by Q1 of FY 2026-27.  

Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.

Peers
Company Name CMP
BEML 2013.05
Action Const. Equip 1204.95
Sanghvi Movers 419.60
TIL 249.75
Brady & Morris Engg. 665.00
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