|
|
|
|
|
|
| |
|
|
|
|
|
| |
Our History |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Our Company was
incorporated on June 12,
2000 for the purpose of
carrying on the business
of engineering,
procurement and
construction. Pursuant
to the provisions of
Section 391 to 394 of
the Companies Act and
pursuant to an order of
the High Court of Madras
dated July 22, 2005,
Shriram Engineering
Construction Company
Limited was merged with
our Company with effect
from April 1, 2004,
since both companies
were in the same line of
business, namely,
construction
engineering. Shriram
Engineering Construction
Company Private Limited
was originally
incorporated as Shriram
Construction Company
Private Limited on June
3, 1982. The name of the
company was subsequently
changed to Shriram
Engineering Construction
Company Private Limited
on April 24, 1991.
On February 1, 1993, an
agreement was entered
into between Shriram
Engineering Construction
Company Limited and
Hytech Cooling Towers
Private Limited, whereby
Hytech Cooling Towers
Private Limited granted
an exclusive license of
the technical know-how
relating to the
manufacture of complete
range of cooling towers
with a right to use its
trade name to Shriram
Engineering Construction
Company Limited. In
September 1995, Shriram
Engineering Construction
Company Limited
transferred the said
Hytech Cooling Tower
division to Shriram
Cooling Towers Limited.
Shriram Cooling Tower
Limited’s name was
subsequently changed to
Shriram Tower Tech
Limited on November 22,
1995. Our Company, on
January 12, 2004 (as
amended on March 8,
2004), entered into a
Business Transfer
Agreement with Shriram
Tower Tech Limited for
the purchase of its
entire cooling towers
business along with the
technical know-how, the
technical people and the
infrastructure
facilities of Shriram
Tower Tech Limited.
In December 2004, our
Company entered into a
joint operation
agreement with Hamon
Thermopack Engineers
Private Limited, a
subsidiary of Hamon
Thermal Europe SA and
Hamon (Nederland) B.V.
(collectively referred
to as the “Hamon
Group”), in order to
carry out projects
regarding cooling tower
solutions. On February
5,2007, a Joint Venture,
Share Transfer and
Shareholders Agreement
(along with a
Supplementary agreement
of the same date) was
entered into between
Hamon Thermal Europe SA,
Hamon Thermopack
Engineers Private
Limited and our Company.
Under the said Joint
Venture, Share Transfer
and Shareholders
Agreement, Hamon
Thermopack Engineers
Private Limited issued
shares to our Company
representing 50.01% of
the share capital of
Hamon Thermopack
Engineers Private
Limited. Further, a
license agreement was
entered into between
Hamon Shriram Cottrell
Private Limited and
Hamon Research-Cottrell,
Inc. on March 26, 2007,
for grant of an
exclusive license to
design, manufacture and
sell certain air
pollution control
products and systems
Hamon Research-Cottrell,
Inc.
The renewable energy
business of our Company
comprises wind energy
projects, biomass based
power projects,
cogeneration power
projects and bio-ethanol
plant projects. Our Company began
its operations in the
biomass power plants
business in December
2000 with the execution
of the first biomass
power plant project in
Andhra Pradesh. Our
biomass power plants
business is engaged in
the design, engineering
and construction of
thermal biomass-based
power plants. Further,
our Company entered into
a memorandum of
understanding on August
28, 2007 with Bessemer
Venture Partners Trust
(“BVP”) for power
generation through
renewable sources.
Our Company commenced
the business, erection,
testing and
commissioning of wind
electric generators in
2004. In August 2006,
our Company received
certification for
designing and
manufacturing 250 KW
wind turbines from the
Deutsches Wind
Energie-Institut GmbH,
for the design of our
250KW-class wind turbine
generators, after which
we started manufacturing
and selling our own
250KW WTGs. On January
16, 2007 we entered into
a Joint Venture
Agreement with Leitner
B.V., Netherlands to set
up Leitner Shriram
Manufacturing Limited,
an Associate company
formed for the purposes
of manufacturing of
megawatt class wind
turbines and components.
On February 3, 2007, our
Company entered into a
Joint Venture Agreement
with Leitner B.V.,
Netherlands to set up
Shriram Leitwind
Limited, a Subsidiary
company, formed for the
purposes of marketing of
wind turbines, wind farm
development, and
erection and
commissioning of wind
turbines. In April 2007
we received ISO9001:
2000 certification from
DAS Certification Ltd.
for the manufacture,
supply, installation,
commissioning,
maintenance of wind
turbines and development
of wind turbines.
Our Company began
operations in the
process and metallurgy
business in 2004. The
process and metallurgy
business is focused on
providing turnkey
solutions for iron and
steel, cement, aluminum,
copper and thermal power
plants.
SHRENCO began
undertaking municipal
services in 1990. Our
Company commenced its
municipal services
business of water and
wastewater management
and water distribution
systems and pipe
rehabilitation in 2004.
The municipal services
business principally
focuses on the design
and implementation of
turnkey design-build
environmental projects
for water and wastewater
distribution, water and
sewage treatment and
pipe rehabilitation. We
work on a project to
project basis with
Chevalier Pipe
Technologies Limited,
whereby we have been
granted license to use
its rib loc technology
in India |
|
 |
| |
|
|
|
|
|
|
|
