(Pic: For illustration only.)
Sunil Hitech Engineers Limited (SHEL), an EPC company focused on infrastructure projects announced that it has bagged an order of Rs. 122.02 cr from the Ministry of Road Transport and Highways – Government of India for rehabilitation and upgrading to 2 lanes/2 lane with paved shoulders configuration and strengthening of Madhugiri–Chikkaballapura–Mulbagal section road in Karnataka. The order was bagged by company as the lead member in the M/s SHEL –Assignia (JV) and the road project work is expected to be executed in around 24 months.
This is the first major project that the company has received in the road EPC space and is in line with the company’s future philosophy to be an active player in the road sector on the EPC front. This order further showcases the steps the company is taking to step up business in other infrastructure verticals such as building construction, roads, etc. apart from power related work on the way to become an Infrastructure conglomerate.
Incorporated in the year 1984, Sunil Hitech Engineers Ltd (SHEL) has been promoted by first-gen promoter, Ratnakar. M. Gutte. The current operations are being handled majorly by Gutte’s son, Sunil Gutte. SHEL is well-established player in EPC and Construction of Road & Bridges,Building works of institutions, hospitals and housing projects, cross country pipeline, civil &mechanical works of power and steel plants, cooling towers, chimneys etc., also in renewable sector. SHEL has presence in 13 states and executing 30 plus projects in the country. Its major clients include NTPC, BHEL, L&T, JSW, Reliance, SAIL, Adani, Morth, PWD, Singareni Collieries Company Limited, KDA. The company recently engaged experts from the field on their board and is on the path of taking its renewable energy and Infra business at a higher level.