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Concord Enviro's Subsidiary Bags Significant Rail Order
2 Jun
Summary
- A subsidiary of Concord Enviro Systems received a ₹16 crore order.
- The order involves ETP, ZLD, STP, and WTP systems.
- Execution of the project is scheduled for 28 weeks.
Rochem Separation Systems (India) Private Ltd, a subsidiary of Concord Enviro Systems, has been awarded a contract worth around ₹16 crore. This significant order comes from a domestic entity specializing in rail engineering and manufacturing.
The scope of work includes the design, fabrication, supply, and installation of Effluent Treatment Plants (ETP) and Zero Liquid Discharge (ZLD) systems. Additionally, the project involves Sewage Treatment Plants (STP) and Water Treatment Plants (WTP).
Concord Enviro Systems stated that the order is expected to enhance its consolidated order book and provide revenue visibility over the 28-week execution period. The company emphasized that the awarding entity has no interest from the promoters or group companies, classifying it as a non-related party transaction.
Concord Enviro Systems is a provider of water and wastewater treatment solutions, including ZLD, effluent treatment, and desalination, through its subsidiary Rochem. The company's operations span various regions, with exports to North America, Africa, and Southeast Asia.
