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Dear Friends,
The last few months have firmly established that India has taken a faster route to recovery out of the crisis even as the growth in the developed world remains largely fragile.
With the nation's GDP growth expected to touch 8.5% in FY’11 and touch double – digit in the next few years the business climate would only turn better and we at Petron Group, have emerged little hurt out of the storm of recession. The mantra of our growth “Dreaming Big & Building Big” – has stood the test of time. It has been two years since we became a part of the prestigious global name KazStroyService Ltd, UK and took on the world with a global muscle and ambition. KSS Group is the largest LSTK / EPC Company of Kazakhstan for Cross Country Pipelines, Plant Construction for Oil &. Gas, Refineries, Terminals, Cement, Power, Petrochemical and Infrastructure, It has established operations In India, Abu Dhabi and Turkmenistan.
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All this has helped PCEPL in establishing a credible name In the field of Cement, Power, Water. Waste Water Treatment and Pipeline, Residential & Commercial, Refinery, Oil & Gas, Fertilizer as well as Petrochemical Plants. PCEPL's Turnover for FY 2009 - 10 has increased by 33% YoY, INR 640 Crores. We are expecting favorable results for many valuable bids which are likely to be awarded soon. The growing list of satisfied clients reflects our ability to execute challenging projects. Leading companies of India continue to rely on us for their most important engineering needs, which is the proof of our capabilities to deliver. Difficult weather or terrain has been no deterrent to our team which has delivered consistently and brought accolades. Milestones have been achieved and records made.
All projects are on track to be complete within the stipulated time - that's the PCEPL spirit which emanates from the commitment of our 15,290 people strong employee force & their welfare is our top priority.
Added to this, is our large fleet of sophisticated construction equipment and a dedicated management team - which keeps us at the razor's edge of competition.
Going forward, the quality work continues. As the recovery becomes deep-rooted we reinforce our commitment to our clients, our shareholders and our employees that we will deliver our promises and are ready to ride the next wave of fast growth.
Best Wishes
PANKAJ JAIN
GROUP CEO
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