April 23, 2014 3:07 PM ET

Construction and Engineering

Company Overview of Shapoorji Pallonji & Co. Ltd.

Company Overview

Shapoorji Pallonji & Co. Ltd. operates as construction and engineering company. It also engages in the real estate, infrastructure, biofuels and agriculture, consumer products, electro-mechanical services, facades and interiors, engineering, textiles, business automation, and shipping and logistics businesses. The company offers conventional and general contracting, and design and build; and engineering, procurement and construction services. Its real estate portfolio includes IT parks, residential, commercial, and retail; and redevelopment activities. The company also offers architectural aluminum products, including structural glazing, frameless glazing/tension cables, conventional curtain...

41/44, Minoo Desai Marg

Colaba

Mumbai,  400 005

India

Founded in 1865

Phone:

91 22 6749 0000

Fax:

91 22 6633 8176

Key Executives for Shapoorji Pallonji & Co. Ltd.

Chief Executive Officer and Managing Director
General Manager of Operations
Vice President of Business Development
Compensation as of Fiscal Year 2013.

Shapoorji Pallonji & Co. Ltd. Key Developments

NTPC Enters In Negotations With L&T and Other

NTPC Ltd. (BSE:532555) has entered into negotiations with Larsen & Toubro Limited (BSE:500510), GMR Infrastructure Limited (BSE:532754), Jaiprakash Power Ventures Ltd. (BSE:532627) and Shapoorji Pallonji & Co. Ltd. to purchase some of their power projects. NTPC is looking to acquire assets locally as well as overseas and has solicited expression of interest from companies to acquire projects that rely on either local or imported coal.

Shapoorji Pallonji Signs a Contract with Dr. Sulaiman Al Habib Group to Build a New Medical Center in Dubai

Shapoorji Pallonji has signed a contract with Dr. Sulaiman Al Habib Group to build a new medical center in Dubai Healthcare City. The new hospital will consist of six floors extending over 175,000 square meters. The new building will include 200 beds, an integrated centre for cardiac surgery, diagnostic clinics and a cardiac catheterization unit.

NTPC Mull Acquisitions Of Thermal Power Projects

NTPC Ltd. (BSE:532555) is planning to acquire several thermal projects. It has created a committee under the board's supervision to evaluate these opportunities. These projects include Larsen & Toubro Limited (BSE:500510)’s Rajpura project in Punjab, all the thermal power projects of Jaiprakash Associates Limited (BSE:532532), imported coal based power plant in Gujarat Shapoorji Pallonji & Co. Ltd., Pirpainti thermal project and the Lakhisarai projects in Bihar and Harduaganj and Obra projects in Uttar Pradesh. Senior NTPC executive on condition of anonymity said, “We are evaluating several power projects. We are looking at a complete takeover. Things are at a preliminary stage.” According to Mint, external spokesperson for Shapoorji Pallonji and a spokesperson for L&T said they would not comment on market speculation. Jaypee spokesperson said the same however, added that the group is interested in the power sector. NTPC executive quoted above also said that NTPC is in talks with the Uttar Pradesh state government for the same. Arup Roy Choudhury, Chairman and Managing Director of NTPC, declined to comment. However said, “He was waiting for a report from a subcommittee of the board. We will do all due diligence.”

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