CCCL bags Renault-Nissan project for Rs140 crore
04 August 2008
Mumbai: Chennai-based integrated construction service provider Consolidated Construction Consortium Ltd (CCCL) will execute the Renault-Nissan automobile plant as well as the Global Automotive Centre for National Automotive Testing and R&D Infrastructure Project (NATRIP) in Chennai.
The orders are valued at Rs 240 crore, the company stated.
The Renault-Nissan project, valued at Rs140 crore, includes construction of stamping, paint shop, body shop, trim and chassis, power train buildings, process foundations and security. It also includes on a design and build basis, construction of train/data/maintenance buildings. CCCL as per their strategy will focus on design and build jobs.
The NATRIP contract for the Global Automotive Centre is worth Rs.100 crore.
Chairman and CEO of CCCL, R Sarabeswar stated, the company would consolidating its presence in the automobile plant construction sector as well as strengthen its portfolio with these two projects.
CCCL has constructed buildings for Hyundai, Toyota and currently they are executing the Mahindra Automobile plant at Pune as well as the Automobile Research plant for the Mahindra Group at Chennai. With the two new orders, the company, at present has bagged orders worth Rs 3,180 crore, which it expects to execute over a period of 18 months.
Founded in 1997, Consolidated Construction Consortium is an integrated construction services provider and its operations cover industrial, commercial, residential and infrastructure projects. CCCL has grown from Rs40 million to Rs14 billion and has executed projects across India.
The company has presence in Bangalore, Hyderabad, Kolkatta, New Delhi, Pune, Trivandrum and Dubai, having projects in the industrial, commercial, residential, and infrastructure space.