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Jakson Group bags orders worth Rs 200 crore

The Economic Times:  May, 2014

Kolkata: Jakson Group, India's leading power solutions company, on Wednesday announced that the company bagged EPC orders aggregating to Rs 200 crore for its electrical contracting & solar businesses for the financial year ended March 31, 2014.

The company's EPC business has grown significantly and has helped the company to maintain overall revenue numbers. The company executed orders worth Rs 150 crore during the same period.

"Jakson bagged new orders from some of the top companies like 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," the company said in a release.

Sameer Gupta, managing director, Jakson Group said, "Despite a lacklustre 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."

Established in 1945, Jakson Group is a power solutions group. The group has more than 1800 employees and its current revenues exceed Rs 1450 crore 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.