Placebo Fabtech bags 151 mn worth project
17 Sep 2020
3 Min Read
CW Team
Placebo Fabtech, Hyderabad鈥檚 RDSO approved large scale industrial heavy structural steel fabricator with a monthly capacity of heavy fabrication of up to 1200 metric tonnes bagged the biggest open web girder manufacturing order worth Rs.151 million from India鈥檚 largest construction & EPC Company: Larsen & Toubro.
The Order is for Executing 鈥淪tructural Steel Girder Work for Special Steel Bridge Work at Tapi bridge location of project Western Dedicated Freight Corridor Corporation (WDFCC)鈥�.
In spite of tough competition from other RDSO approved companies who have been working for decades in the northern part of India, Haryana, Maharashtra & Telangana, Placebo Fabtech has been awarded this order for executing steel bridge girder work at Tapi Bridge location which comes under Western Dedicated Freight Corridor Corporation through Larsen & Toubro.
Speaking on the achievement, Mr V Subramanian, President - Marketing, Placebo Fabtech stated 鈥淚t took 195 days from the date of the first meeting with L&T to get this big order. There were a lot of discussions on commercial aspects in terms of comparison of pricing between the existing vendors of L&T with us and given track of financial records and our capability in executing earlier orders which we made it through. Confining and bending to L&T鈥檚 quality aspects is a herculean task and we are ready to take the challenge on mutual interest鈥�.
Commenting on the technical aspects of finishing the work, the Managing Director of the Company, Mr CH. Chandrashekar Reddy said 鈥淭he techno-commercial online meetings in convincing L&T officials for were very challenging to secure this work order, and in spite of Covid-19 setback, a lot of such online marathon meetings happened between us and L&T, and finally, we succeeded. We are not seeing this Open Web Girder order from Larsen & Toubro Ltd purely in commercial terms, but as an opportunity to prove ourselves in the highly competitive heavy and high-end fabricators market, and the fact that we are now preparing to execute this order with proper due-diligence. The deadline set for this project is 30th April 2021 and we are confident that we will meet the same with utmost dedication.鈥�
Apart from L&T鈥檚 current order, Placebo Fabtech also is executing good orders pertaining to steel girders, fabrication based on drawings and pre-engineered building systems etc. with clientele like JSW Severfield Structures, IKEA-Bangalore, ThyssenKrupp Industries, Ramky Infrastructures, BSCPL Infrastructure, Mumbai Based Afcons Infrastructure, BVSR Constructions and so on.
PFPL also is working as sub-contractor to execute the flyover projects in & around Hyderabad on a faster phase.
Placebo Fabtech, Hyderabad鈥檚 RDSO approved large scale industrial heavy structural steel fabricator with a monthly capacity of heavy fabrication of up to 1200 metric tonnes bagged the biggest open web girder manufacturing order worth Rs.151 million from India鈥檚 largest construction & EPC Company: Larsen & Toubro.The Order is for Executing 鈥淪tructural Steel Girder Work for Special Steel Bridge Work at Tapi bridge location of project Western Dedicated Freight Corridor Corporation (WDFCC)鈥�.In spite of tough competition from other RDSO approved companies who have been working for decades in the northern part of India, Haryana, Maharashtra & Telangana, Placebo Fabtech has been awarded this order for executing steel bridge girder work at Tapi Bridge location which comes under Western Dedicated Freight Corridor Corporation through Larsen & Toubro.Speaking on the achievement, Mr V Subramanian, President - Marketing, Placebo Fabtech stated 鈥淚t took 195 days from the date of the first meeting with L&T to get this big order. There were a lot of discussions on commercial aspects in terms of comparison of pricing between the existing vendors of L&T with us and given track of financial records and our capability in executing earlier orders which we made it through. Confining and bending to L&T鈥檚 quality aspects is a herculean task and we are ready to take the challenge on mutual interest鈥�.Commenting on the technical aspects of finishing the work, the Managing Director of the Company, Mr CH. Chandrashekar Reddy said 鈥淭he techno-commercial online meetings in convincing L&T officials for were very challenging to secure this work order, and in spite of Covid-19 setback, a lot of such online marathon meetings happened between us and L&T, and finally, we succeeded. We are not seeing this Open Web Girder order from Larsen & Toubro Ltd purely in commercial terms, but as an opportunity to prove ourselves in the highly competitive heavy and high-end fabricators market, and the fact that we are now preparing to execute this order with proper due-diligence. The deadline set for this project is 30th April 2021 and we are confident that we will meet the same with utmost dedication.鈥滱part from L&T鈥檚 current order, Placebo Fabtech also is executing good orders pertaining to steel girders, fabrication based on drawings and pre-engineered building systems etc. with clientele like JSW Severfield Structures, IKEA-Bangalore, ThyssenKrupp Industries, Ramky Infrastructures, BSCPL Infrastructure, Mumbai Based Afcons Infrastructure, BVSR Constructions and so on.PFPL also is working as sub-contractor to execute the flyover projects in & around Hyderabad on a faster phase.
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