Shrachi firm eyes listing
Shrachi group firm BTL EPC Ltd will explore acquisition and listing opportunities as it looks to grow its business in the coming years.
- Published 29.03.18
Calcutta: Shrachi group firm BTL EPC Ltd will explore acquisition and listing opportunities as it looks to grow its business in the coming years.
The company expects its order book to touch Rs 1,000 crore in the next two months and record a business of around Rs 400 crore in 2018-19.
"Our cumulative order book is Rs 800 crore and this is expected to go up in the coming months. In the last few years, the company has won new businesses and diversified beyond coal handling to power transmission, water, solar and steel plants," Shrachi group director Ravi Todi said on Wednesday.
"We are optimistic about growth. There are pending government projects which are now coming up," he said.
Top public sector companies such as SAIL, Bhel, NTPC, NMDC, Nalco and RINL are among the clients of BTL EPC.
The company is also looking at projects beyond the government sector and eyeing project opportunities in the private sector, including the projects of JSW, Essel Mining and Vedanta.