Salasar Techno Engineering forges partnership with ZETWERK for renewable energy solutions
In an impactful move that underscores its commitment to sustainable solutions, Salasar Techno Engineering Ltd., a leading engineering and infrastructure solutions provider, has announced an agreement with ZETWERK Businesses Pvt Ltd. This collaboration is set to fortify Salasar’s foothold in the renewable energy sector, entailing the supply of 25,000 MT of Solar Structures for subsequent export. The contract, valued at over Rs. 2,000 million (Rs. 200 crores), not only enhances Salasar’s order book but also promises healthy EBITDA margins with completion targeted within the next 12 months.
This strategic partnership marks a significant milestone for Salasar Techno Engineering, known for its comprehensive turnkey EPC services in the Railway and Power sectors, along with its prowess in designing and manufacturing telecom towers, Monopoles, and other Heavy Steel Structures. The agreement with ZETWERK, valued at over Rs. 2,000 Mn, is a testament to Salasar’s robust capabilities and its dedication to advancing renewable energy solutions.
“We are pleased to announce that we have entered into a strategic partnership with M/s ZETWERK Businesses Pvt Ltd for the supply of 25,000 MT of Solar Structures for subsequent export,” stated the management team of Salasar. This venture not only broadens Salasar’s operational scope but also solidifies its commitment towards global renewable energy advancements.
The collaboration with ZETWERK is anticipated to significantly bolster Salasar’s order book, reaffirming its position as a trusted supplier of high-quality infrastructure solutions. The projected completion within 12 months highlights Salasar’s dedication to efficiency and excellence in delivery.
Incorporated in 2006, Salasar Techno Engineering stands as a beacon of customized steel fabrication and infrastructure solutions in India. Offering a 360-degree solution spectrum ranging from engineering, designing, fabrication, galvanization, to deployment, the company’s vast product and service offerings cater to a diverse clientele across 25+ countries.
Salasar’s expertise encompasses telecommunication towers, power transmission line towers, smart lighting poles, and more, positioning it among the leading manufacturers with an installed capacity of 211,000 MTPA. The company’s engagement in providing complete EPC solutions for projects like rural electrification, power transmission lines, and solar power plants further exemplifies its versatile capabilities.
The partnership between Salasar Techno Engineering Ltd. and ZETWERK Businesses Pvt Ltd is poised to make significant strides in the renewable energy sector. This collaboration not only exemplifies Salasar’s adaptability to the industry’s dynamic requirements but also its foresight in embracing sustainable energy solutions. As the company continues to innovate and expand its offerings, its unwavering commitment to delivering top-notch solutions, furthering sustainability objectives, and enhancing stakeholder value remains paramount.