User:Smartjaguar

IVRCL(BSE:530773, NSE:IVRCLINFRA) is founded in 1987 by Sudhir Reddy, it is a Infrastructure company, which comes under construction and contracting sector. It soon built qualifications to bid for water related projects and was established in the water segment. IVRCL soon took a challenge of transporting water either by canals or through underground pipelines. it went on to build canals, reservoirs and moved on to buildings, industrial structures, bridges, flyovers, highways, roads, power transmission, railways, real estate, water treatment plants and even set-up its own sea water desalination plant. IVRCL then expanded its horizons by getting into oil & gas, mining LSTK, FEED capabilities and SCADA Systems.

In Sri Lanka, 4100 dwellings are under construction. With a Hydro-electric station in Nepal, which is a run-of-the-river scheme with a 6 kms long headrace tunnel and a surface power house and with notable breakthroughs in the Middle East and Africa, it is now embarked on a global presence.

IVRCL has laid pipelines for around 25,000 km all over the country. canals itself will be another 500 km. it's sea water desalination plant in Chennai supplies water to about 2.5 million families every day. It has so far built 3,228 km of roads and another 2,555 km are the present ongoing road-works, apart from which it has done tunneling work for 2,805 km. On the buildings and industrial structures front IVRCL completed 25.20 million sft of residential, commercial and institutional works and 24.20 million sft are presently undergoing execution.

The central as well as various state governments had been its major clients, entrusting mega projects to IVRCL which contribute to India’s infrastructure. IVRCL sample management skills were on display in the successful acquisition, assimilation and turnaround of Hindustan Dorr Oliver, a leading Engineering, Procurement and Construction Company (EPC).

Another feather in IVRCL’s cap is the setting up of IVRCL A&H, an assets and holdings company looking after BOT, BOOT and Real Estate projects, which leverages our proven expertise in construction and project execution to redefine the skyline of strategic locations in major cities, our standalone assets including investments, fixed assets and inventories are at 3,178 crore.

All these companies are an integral part of the Group’s overall strategy. and they sure will see IVRCL emerge as a dominant force in the specialized engineering. IVRCL A&H, Hindustan Dorr-Oliver and DavyMarkham are its subsidiary companies.

The company has indeed grown impressively and is now on the threshold of growing into a global player of formidable repute. DavyMarkham specialises in the design, manufacture, fabrication and machining of heavy and complex engineering components and assemblies for mining applications. The vast workshops, of 1,75,000 sft of manufacturing area in a 20 acre site situated in the industrial heart of Sheffield, UK, offer facilities that are unique in Western Europe, in terms of capacity and capabilities.

The company handles large turnkey projects, utilizing its expertise in hydraulics, controls, engineering, heavy engineering components for mining projects, installation and servicing, and has the capability of moving individual structures weighing up to 350t.

DavyMarkham's overall objective is to satisfy customer demands in a timely and cost-effective manner, without compromising on quality or safety. They have the ability to handle single lifts up to 350t and assemblies over 1000t. They have bagged a mining contract for the supply of two heavy duty mining hoists to Volcan Compania Minera of Peru, the fourth largest producer of zinc and silver worldwide apart from mining gold, lead and copper. This is designed for an estimated production rate of 4000 tons per day from depths down 970 meters!

DavyMarkham has signed up to become the first tier two member of the new Nuclear Advanced Manufacturing Research Center consortium thereby effectively reading itself to take part in any forthcoming reactor build in the UK. Its founding tier one industrial partners include Rolls Royce and Sheffield Forgemasters plus reactor builders Areva and Westinghouse.

Hindustan Dorr Oliver (HDO) is a leading EPC company in India, offering world-class engineering solutions to meet industrial requirements. HDO has exhibited impressive growth in mining, mineral processing, pulp and paper and environmental infrastructure projects. The company has over 60 years of experience in major industrial segments.

At last count IVRCL's workforce numbered 6,271 in the parent company, IVRCL A&H has a staff of 205, HDO has a manpower of 1,261 Davy Markham has 195 persons, apart from which IVRCL stationed in Dubai, Kenyan and Sri Lankan office. The Group strength is now at 7,932.

IVRCL has strong financials with the total assets of INR 4740.44 crores, and its networth is 2270.48 crores. Although its Net profit is down to 18.08cr in 2012 compared to 225.97cr in 2009, it has gained significantly on its reserves with 2206.27cr in 2012 compared to 1781.03cr in 2009.

As India boldly moves forward to chart out its economic destiny, IVRCL is committed to being a partner in progress. As always arousing hope and confidence by blazing new trails and expansions.