KD Green subsidiary Shivam Pipes lands ₹9.08 Cr power pole orders

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AuthorAarav Shah|Published at:
KD Green subsidiary Shivam Pipes lands ₹9.08 Cr power pole orders
Overview

KD Green Industries Ltd's subsidiary, Shivam Pipes, won orders totaling ₹9.08 crore for Galvanized Steel Tubular Electric Poles. The orders, from North Eastern state electricity boards under the government's Revamped Distribution Sector Scheme (RDSS), significantly boost the company's power infrastructure segment. Deliveries are expected within 1 to 4 months.

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KD Green Industries Ltd announced that its subsidiary, Shivam Pipes, has secured new orders totaling ₹9.08 crore for Galvanized Steel Tubular Electric Poles. The orders come from electricity boards in India's North Eastern states and are part of the government's Revamped Distribution Sector Scheme (RDSS), which aims to modernize the nation's power distribution network. Deliveries for these poles are scheduled to be completed within one to four months.

Shivam Pipes, a 51% subsidiary of KD Green Industries Ltd (formerly Manbro Industries Limited), focuses on specialized products essential for power grid expansion and upgrades. This win supports KD Green's strategy to leverage its subsidiary's capabilities for growth in the power infrastructure sector. The company operates in the power T&D infrastructure space alongside peers like Skipper Ltd, which also manufactures poles, and Kalpataru Projects International Ltd, an EPC leader in large-scale power projects.

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