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Contract

14 Dec 2016 07:00

RNS Number : 7730R
Severfield PLC
14 December 2016
Β 

Severfield plc ('the Group')

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SEVERFIELD SECURES Β£29 MILLION WORTH OF CONTRACTS IN INDIA

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Severfield plc, the market leading structural steel group, announces thatΒ JSW Severfield Structures Ltd (JSSL), its 50:50 joint venture in IndiaΒ with JSW Steel Ltd, has recently been awarded a number of geographically diverse projects across India with a total value ofΒ Β£29 million (245 crores).

Β 

Contract highlights

Β· two high rise towers for a commercial complex in Kerala;

Β· a large parking facility in Karnataka;

Β· two industrial projects in Maharashtra and;

Β· a technology building near Delhi

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The contracts were awarded due to JSSL's full design, fabrication and site erection capability, and its reputation for consistently delivering high quality products and services within differentiated programme times.

Β 

Ian Lawson, Chief Executive Officer, Severfield plc, commented:

Β 

"JSW Severfield Structures Ltd, our Indian joint venture, continues to perform steadily and develop a strong pipeline of work from new clients. These contracts are reflective of our ability to provide clients with world class engineering and bespoke design services."

Β 

Β 

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For further information, please contact:

Β 

Severfield plc

Ian Lawson

Chief Executive Officer

Β 

01845 577896

Β 

Β 

Alan Dunsmore

Group Finance Director

Β 

01845 577896

Β 

Jefferies International Limited

Simon Hardy

020 7029 8000

Β 

Harry Nicholas

Β 

020 7029 8000

Bell Pottinger

Nick Lambert

020 3772 2558

Β 

Dan de Belder

020 3772 2561

Β 

Zara de Belder

020 3772 2512

Β 

Β 

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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