Severfield PLC Contract (7730R)
December 14 2016 - 1:00AM
UK Regulatory
TIDMSFR
RNS Number : 7730R
Severfield PLC
14 December 2016
Severfield plc ('the Group')
SEVERFIELD SECURES GBP29 MILLION WORTH OF CONTRACTS IN INDIA
Severfield plc, the market leading structural steel group,
announces that JSW Severfield Structures Ltd (JSSL), its 50:50
joint venture in India with JSW Steel Ltd, has recently been
awarded a number of geographically diverse projects across India
with a total value of GBP29 million (245 crores).
Contract highlights
-- two high rise towers for a commercial complex in Kerala;
-- a large parking facility in Karnataka;
-- two industrial projects in Maharashtra and;
-- a technology building near Delhi
The contracts were awarded due to JSSL's full design,
fabrication and site erection capability, and its reputation for
consistently delivering high quality products and services within
differentiated programme times.
Ian Lawson, Chief Executive Officer, Severfield plc,
commented:
"JSW Severfield Structures Ltd, our Indian joint venture,
continues to perform steadily and develop a strong pipeline of work
from new clients. These contracts are reflective of our ability to
provide clients with world class engineering and bespoke design
services."
For further information, please contact:
Ian Lawson
Chief Executive
Severfield plc Officer 01845 577896
Alan Dunsmore
Group Finance
Director 01845 577896
Jefferies International 020 7029
Limited Simon Hardy 8000
020 7029
Harry Nicholas 8000
020 3772
Bell Pottinger Nick Lambert 2558
020 3772
Dan de Belder 2561
020 3772
Zara de Belder 2512
This information is provided by RNS
The company news service from the London Stock Exchange
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December 14, 2016 02:00 ET (07:00 GMT)