MARG Ltd., one of India’s leading infrastructure companies, made a lasting impression at the EPC World 2011 Awards by winning the esteemed award for its exceptional contribution towards the development of port sector projects. The award ceremony was a grand affair held at Bangalore and was attended by the elite in the industry.
EPC World Awards is considered as one of India’s first recognition awards for industries, which recognizes and rewards the companies and individuals who have performed exceptionally well towards national development and outwitting competition from all around the globe.
GRK Reddy, Chairman and Managing Director, MARG Group, while speaking on the occasion quoted, “With over two decades, MARG Group has a built a reputation of reliability and quality in the infrastructure space across the country. With technological innovation as a focus, MARG’s EPC division brings in the best of technology and knowledge partners for all our projects and is a major driver towards our goal to be a billion dollar company by 2014. MARG’s domain expertise in port, marine infrastructure, industrial EPC and other infrastructure projects will add value for the successful completion and on-time delivery of the project. This award reaffirms our faith in the pioneering spirit that inspires us to create inclusive and sustainable infrastructure projects that benefit the society as a whole.”
MARG EPC has had the coveted opportunity of building MARG Karaikal port, today considered as one of the finest private sector ports in the country. Master Planning, Engineering, Design, On and Off shore construction, Project Management and Value Engineering has completely transformed the landscape of marine architecture.
MARG Group, it must be noted, is currently one of the top-ranked real-estate houses in the country with offices spread across India, Singapore and China. Their projects are estimated to be of net worth than Rs. 3000 crores under execution with global partners in the Infra space. MARG’s businesses are structured under 4 specific business divisions – Marine Infrastructure & Services, Urban & Industrial Infrastructure, EPC and Real Estate.
MARG Constructions is undertaking the construction of Karaikal port. MARG with its years of experience aims to build the port to world standards. It also aims to make MARG Karaikal port a flourishing place for export and import business. Dry cargo, in Bulk and Break bulk form, as well as containers can be handled at the Port. The Port is all set to acquire liquid bulk cargo handling capabilities and the infrastructure development for the same is currently in progress. The expenses of a fully dedicated container terminal as per the development plan will give Karaikal Port complete cargo handling facilities. MARG’s initiative for port development aims to shoulder the increasing export and import needs of the country.
The Karaikal port is being developed as a lagoon type harbour connected to sea by an entrance / access channel protected by short breakwaters. Phase – I of development, which was recently completed, comprises two berths – one each for coal and general cargo. An area of around 602 acres is covered by the port boundaries. This Karaikal Port constructed by MARGS will unleash economic prospective of central Tamil Nadu and Puducherry.
Karaikal Port Private Ltd (KPPL) will add another feather to the cap for MARG Ltd, a leading infrastructure and real estate developer along the Chennai IT corridor with interest ranging across various areas that include Residential Projects, Commercial Real estate projects, SEZs, Ports, Townships, IT Parks, Malls, etc.
