Tecnimont Private Limited (TCMPL), the Indian subsidiary of Italy-based Maire Tecnimont Group and a leading Engineering, Procurement and Construction company, announced today the establishment of Tecni and Metal Private Limited, a new JV with Metal Craft Constructors Private Limited (MCCPL).
Tecni and Metal Private Limited, with a 51% TCMPL stake, will focus on efficient construction solutions for the Group’s projects in India and other geographies in the future.
The new JV (Tecnimont Private Limited 51% / Metalcraft 49%) will act as an in-house operating arm for construction and mechanical works, significantly increasing the efficiency for Maire Tecnimont Group’s upcoming projects
The new JV combines the high-level competences in planning and construction management retained by TCMPL and the long-term experience of MCCPL in providing specialized personnel for the different phases of complex industrial plants, spanning from mechanical, civil, and construction up to erection and pre-commissioning.
” As we continue to expand Maire Tecnimont Group’s industrial footprint in India, it is important that TCMPL develops and nurtures a robust in-house division focused solely on construction and mechanical works. We stay committed to ensuring the best environmentally performing products and processes, and our new JV Tecni and Metal Private Limited will take us a step closer to becoming the definitive leader in the Indian EPC arena”.Milind Baride, India EPC Projects Vice President, Maire Tecnimont Group, commented,
“This alliance is a result of the synergy with TCMPL in terms of experience and knowledge in the construction sector along with effective strategizing. Apart from TCMPL’s long desire to have its very own in-house construction and mechanical solution segment, this strategic alliance also ensures self-reliance and efficient construction project execution”.Mr. Bhaskaran Thulasidharan, Managing Director, MCCPL,
About Tecnimont Private Limited
Tecnimont Private Limited (TCMPL) is a subsidiary of the Maire Tecnimont Group and the Group’s engineering excellence centre in India.
TCMPL is based in Mumbai and has support offices in New Delhi, the Middle East, Abu Dhabi, and Malaysia. It is a market leader in natural resource transformation engineering and main contracting.
TCMPL has extensive experience in implementing more than 400 projects globally, with a record spanning six decades.
Maire Tecnimont S.p.A.