What happened to Shriram EPC?
Chennai: The Dubai-based family office Mark AB Capital will take over Shriram EPC, an engineering procurement and construction contractor and part of the financial services conglomerate Shriram group by picking up 26% stake for Rs 350 crore. EPC businesses in India are in for better times.
Is Shriram EPC part of Shriram group?
Chennai-based Shriram group will pump in around Rs 600 crore into Shriram EPC and its listed subsidiary, Orient Green Power Ltd. This was decided at a board meeting today, with the aim of restructuring the two companies. Shriram Industrial Holdings will also invest Rs 150 crore in the preference capital of OGPL.
What is the business of Shriram EPC?
Shriram EPC Ltd began its operations in the biomass power plants business in December 2000 with the execution of the first biomass power plant project in Andhra Pradesh the biomass power plants business is engaged in the design engineering and construction of thermal biomass-based power plants.
Who is the chairman of a EPC?
The correct answer is Jawaharlal Nehru. In 1946, an Advisory Planning Board was set up by the interim Government of India with K. C. Neogyas its Chairman. Immediately after independence in 1947, the Economic Programme Committee (EPC) was formed by the All India Congress Committee with Nehru as its chairman.
How many companies are there in Shriram group?
Shriram Group
| Type | Conglomerate |
|---|---|
| Number of employees | 55000 (2020) |
| Subsidiaries | Shriram Transport Finance Company Shriram City Union Finance Shriram Life Insurance Shriram General Insurance Shriram Housing Finance Shriram Capital Shriram Insight Shriram Fortune Shriram AMC Shriram Properties |
Who is the CEO of Shriram Finance?
Umesh G. Revankar (Oct 26, 2016–)
Shriram Transport Finance/CEO
What is EPC payment?
Unemployment Insurance (UI) benefit payments are made through a debit card system. If you qualify for UI benefits, you will automatically be enrolled in the Electronic Payment Card (EPC) program. The EPC works exactly like your bank debit card and offers an easy, safe and convenient way to access your benefit payments.
