Home / Business and Economy / GHV Infra Lands $800M African Tyre Plant Deal
GHV Infra Lands $800M African Tyre Plant Deal
10 May
Summary
- GHV Infra secured a $7,000 crore tyre plant EPC contract.
- The plant will be built in Cameroon with a 7.6 million tyre capacity.
- Project completion is expected within 36 months from notice to proceed.
GHV Infra Projects Ltd. has been awarded a substantial Rs 7,000 crore contract for the engineering, procurement, and construction (EPC) of a greenfield tyre manufacturing plant. This significant project, valued at 630 million euros, will be situated in Bekoko, Douala, within the Littoral Region of Cameroon. The plant is designed to achieve an impressive annual capacity of 7.6 million tyres.
This LSTK (Lump Sum Turnkey) basis project is scheduled for completion within 36 months following the notice to proceed. GHV Infra Projects Ltd. is an Indian infrastructure development firm specializing in EPC services for road construction and civil works.
This African venture follows recent contract wins, including an Rs 815 crore road construction deal in Maharashtra and an Rs 1,250 crore contract for expressway connectors in the same state. The company also secured an Rs 840 crore contract in Ohio, USA, for a renewable natural gas and fertilizer project.
