Jakson Bags Orders worth Rs. 200 Crores for Contracting Business in FY2013-14

CONNAUGHT PLACE, India - May 19, 2014 - PRLog -- New Delhi, 19th May, 2014: Jakson Group, India’s leading power solutions company, today announced that the company bagged EPC orders aggregating to Rs.200 crores for its Electrical Contracting & Solar businesses for the financial year that ended March 31, 2014. The company’s EPC business has grown significantly and has helped the company to maintain overall revenue numbers

The company also executed orders worth Rs. 150 crores during the same period.

Jakson bagged new orders from some of the top companies - Wipro, L&T, BHEL, Siemens, Denso, Gammon India and ABB. Jakson is one the leading players in EPC business in India and has successfully executed orders for companies like Motherson Group, DS Group, Sapient, GMR, EMMAR Infra and L&T for both EPC & Solar Business.

Mr. Sameer Gupta, Managing Director, Jakson Group said, “Despite a lackluster economy, we ended the recently concluded financial year with sizeable orders from our EPC Business Division on the back of our strong foot print in the power solutions business. These orders will further cement our leading position in the sector and would give us an opportunity to provide reliable and customized advanced solutions for solar and electrical contracting industry, besides helping us in increasing our market share in genset business.”

About Jakson Group (http://www.jakson.com)

Established in 1945, Jakson Group is one of the leading Power Solutions Group in India today. With 4 companies in its fold, the group has a strong presence in various sectors. The group has more than 1800 employees and its current revenues exceed Rs. 1450 crores with a sales and service network spread across India, Nepal, Bangladesh and Singapore.

The group’s core businesses include Generating Sets, Power Distribution, Solar Power, Electrical Contracting, GTC, Defence & Oil, International Business and Hospitality delivering comprehensive services in the market.