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Pennar Industries secures orders worth Rs 517 cr

Friday, 20 Nov 2020
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Pennar Industries has bagged orders worth Rs 517 crore across its business verticals during Q2/FY21.  
 
The pre-engineered building vertical received orders for construction of manufacturing facilities, ware houses, solar PV modules, power plant structures from various companies such as Kaizen Industries, Asian Fabtec, Ambuja Cements, Azure and others. 
 
The current order book position for pre-engineered buildings business unit stands at Rs 280 crore. 
 
The railways vertical received orders from BEML, RITES, Integrated Coach Factory, Universal Engineering and others. The current order book position for the railways business unit is at Rs 249 crore. 
 
The steel vertical has received orders from Thermax, Sterling LGB, IFB, Toshiba, Adani Green Energy, L&T Solar and India Cements. The industrial components vertical received orders for hydraulic cylinders from Bailey. 
 
The tubes vertical has received orders from Thermax, Forbes, Alf Engg, TVS ancillaries, LMW, Bajaj ancillaries and others. The current order book position of Enviro division is Rs 49 crore.
 
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