Sanghvi Movers Bags Rs 180 Crore in New Orders

Sanghvi Movers, a prominent player in the industrial services sector, has announced the acquisition of two substantial contracts valued at more than Rs 180 crore.

The first contract, valued for its turnkey customised solutions, has been awarded by a leading independent power producer (IPP) in the renewable energy sector. This comprehensive project includes engineering solutions, mechanical services encompassing cranes and trailers, as well as civil, electrical, and site management activities. Scheduled to span ten months, the majority of the work is slated for execution in FY25.

In a separate development, Sanghvi Movers secured a significant contract from a diversified global EPC (Engineering, Procurement, and Construction) player. This contract focuses on above-ground piping work, encompassing fabrication, painting, and erection services. The scope also includes the supply of skilled manpower and specialized tools and tackles tailored for the hydrocarbons sector. The project, with a duration of six months, is set to be completed within the current financial year.

These contracts mark a significant milestone for Sanghvi Movers, reflecting their robust capabilities in delivering complex and specialized services across diverse industrial sectors.

News by Rahul Yelligetti