Kridhan Infra bags Rs 116 cr worth of orders from Housing Development Board, Singapore

July 23, 2014 - PRLog -- MUMBAI, July 22, 2014: Kridhan Infra Ltd (formerly known as Readymade Steel India Ltd), specialized in pile foundations, has bagged four contracts totally valued at Rs 116 crores (S$ 24.15 million) from Singapore’s Housing development  Board.
Announcing the new business orders, Mr. Anil Agrawal, Managing Director of Kridhan Infra Limited said: “It’s a great beginning of first quarter of FY 2014-15. This symbolizes the commitment and ability of Kridhan Infra to live up to client requirements.   We will continue to strive to secure businesses in India and Singapore and play a major role in the new infra story.”
With this, Kridhan, which bagged these contracts through its subsidiary KH Foges Pte Singapore, has now set its strong foothold across all sections of infra projects from high end infrastructure to residential projects and commercial projects.
KH Foges is a leading specialist contractor in foundation engineering works in Singapore. Its focus is to provide timely, quality and high value-added services to the building and construction industry, both locally and in the region.
Singapore’s Second Largest and profit making Foundation Engineering Company for well over five years and with negligible debt, KH Foges has proven track record with orders in hand of more than SGD 100 Mn. With net tangible assets of about SGD 20 Mn, it owns a fleet of modern foundation equipments coupled with rich project experience and a strong team of more than 200 highly motivated skilled personnel. The company has been awarded for being amongst the top 50 SME companies in Singapore.
KH Foges also sees a bright future in Singapore as the government has proposed to spend about SGD 60 billion over the next 10 years to improve the infrastructural facilities. The Singapore Government recently set aside SGD 250 million to help construction companies fund new and more productive equipment as well as train workers.