MARG bags the prestigious EPC World Awards 2011
- A premiere industry awards in India that acknowledges the best Infrastructure companies
- Recognizes MARG EPC's outstanding contribution in the marine sector
- Robust order book of around Rs 3231 Cr at the end of September 2011
- Tenders in pipeline to the extent of Rs. 18,027 Cr for the next 1 year
- MARG EPC's turnover increased from Rs 452 Cr to Rs 1,072 Cr in a short span of last 3 years
- Comes with a wake of MARG Ltd being recognized as the 2nd fastest growing infrastructure company (Medium Category) at the Construction World 2011 study
Chennai, December 19, 2011: MARG Ltd., one of India's leading infrastructure companies, left an indelible mark in the EPC World 2011 by bagging the prestigious EPC World Awards 2011 for its outstanding contribution in the development of port sector projects. The award was presented in a grand ceremony held at Bangalore.
EPC World Awards has evolved as the national platform and is one of the first industry recognition awards in India which acknowledges and rewards the companies and individuals who have performed in the global competitive scenario and delivered positively towards national development.
Speaking on the occasion, GRK Reddy, Chairman and Managing Director, MARG Group said, "With over two decades, MARG Group has a built a reputation of reliability and quality in the infrastructure space across the country. With technological innovation as a focus, MARG's EPC division brings in the best of technology and knowledge partners for all our projects and is a major driver towards our goal to be a billion dollar company by 2014. MARG's domain expertise in port, marine infrastructure, industrial EPC and other infrastructure projects will add value for the successful completion and on-time delivery of the project. This award reaffirms our faith in the pioneering spirit that inspires us to create inclusive and sustainable infrastructure projects that benefit the society as a whole."
MARG EPC has the enviable reputation of building MARG Karaikal port (now considered as one of India's finest private sector ports). It has transformed the field of marine architecture by Master Planning, Engineering, Design, On and Off shore construction, Project Management and Value Engineering.
Construction and installation of Breakwaters, Wharf, Berths, Yards, Warehouses, Railway Line & Sidings, Mechanized Cargo Handle Systems (being commissioned), Dredging and deep sea excavation, Land Mode & Marine Mode Construction, Harbour development for fishing and tourism, Logistics and other services are the key strengths of MARG EPC in the marine sector.
MARG Karaikal Port, a premier, hi-tech, all weather port on the South East coast of India is notably the only all weather, deep water, multi-commodity port between Chennai port and Tuticorin port and is strategically located at the middle of this 680 km coastline.
MARG Group has projects worth more than Rs. 3000 crores under execution, global partners in the Infra space and offices spread across India, Singapore and China. MARG's businesses are organized under 4 distinct business verticals – Marine Infrastructure & Services, Urban & Industrial Infrastructure, EPC and Real Estate.
MARG's EPC provides integrated turnkey solutions and its range of services include structural, mechanical, electrical, instrumentation and commissioning. It also provides services which include integrated design, engineering, material procurement, field services and construction & project management services for infrastructure sector and real estate projects. Consistent track record in execution of projects with over two decades of experience and with some of the best cutting edge technology, intellectual strength and strategic tie-ups with international majors, MARG EPC is poised to be the growth engine of the MARG Group. It has a sizable National presence and is executing orders across India for private and public sectors.
Some of MARG EPC's large external customers include Government of Pudhucherry, Alstom, Assotech Ltd, BHEL, Daslagerway Wind Turbines Ltd, Larsen & Tubro, Indian Railways, Indian Oil Corporation, Military Engineering Services, Hindustan Petro Chemical Ltd, Housing and Urban Development Corporation, Bhavnagar Energy Company Limited, Petronet LNG, Braithwaite & Co. Ltd, Lucknow Development Authority and National Buildings Construction Corporation Limited.
The winners of EPC World Awards 2011 have been selected post a rigorous due diligence by an independent panel of judges from India's infrastructure community. The Jury has laid emphasis not only on fiscal size of the project but also aspects like environment, innovation, research and development, corporate social responsibility and sustainability.
MARG's recent accolades includes the recognition of being the 2nd fastest growing infrastructure company (Medium Category) at the Construction World 2011 study & ranked by Inc India 500" as 68th among India's fastest growing mid-size companies
MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure, real estate development and services company. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of 'Permitted Security'. The holistic regional development undertaken by the group is unlocking economic prosperity and creating inclusive & sustainable growth models.
With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. The group is expanding its sectoral presence with airport projects in Bellary and Bijapur and Multi-level car park projects. Listed by Dun & Bradstreet among "India's Top 500 Companies 2010", today MARG Group has projects worth more than Rs. 3000 crores under execution, a seasoned human capital of more than 1000, global partners in the Infra space and offices spread across India, Singapore and China. The MARG CSR brand – MARG Parivarthan complements these business verticals. More information on MARG is available on http://www.marggroup.com
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