Tecnimont (TCMPL), the Indian subsidiary of Italy-based Maire Tecnimont Group has announced joint venture (JV) with Metal Craft Constructors.
The new JV to be called Tecni and Metal Private Limited, with a 51 percent TCMPL stake, will focus on efficient construction solutions for the Group’s projects in India and other geographies in the future.
The new JV combines the high-level competences in planning and construction management retained by TCMPL and the long-term experience of MCCPL in providing specialized personnel for the different phases of complex industrial plants, spanning from mechanical, civil, and construction up to erection and pre-commissioning.