Pennar group bags Rs. 309 crore orders.

Pennar Group, which is into value-added engineering products and solutions, has bagged Rs. 309 crore worth orders across its business verticals and subsidiary PEBS Pennar.

Pennar Industries, the group’s flagship firm, received multiple orders aggregating to Rs. 124 crore, including from Integrated Coach Factory, Modern Coach Factory and for hydraulics and industrial components from Emerson, Endurance and Firestone. The solar and building components division received orders from L&T, PES Engineers, IFB, LG Balakrishnan, Wahi Sons, Bimetal Bearings, a release said.

PEBS Pennar, which is witnessing significant demand for pre-engineered warehouses, hi-rise buildings, factory buildings and structural steel works, has got orders for Rs. 125 crore, taking the order book to Rs. 480 crore. The new orders for Pennar Enviro were worth Rs.  60 crores for design and supply of water treatment plants from Reliance, JSW and an upcoming green field project from a cement major, the release said.

The recent orders are from existing as well as new customers, said K.M.Sunil, vice-president, corporate strategy of Pennar Industries.

THE HINDU