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SEW Trident Global inks MOU with Surya Kapanjen of Indonesia

01-25-2011 04:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SEW INFRASTRUCTURE LIMITED

/ PR Agency: CONCEPT PR
Hyderabad, 25th January 2011: SEW Infrastructure Ltd., a leading infrastructure company from Hyderabad has announced that the Company has signed a Memorandum of Understanding (MOU) with an Indonesia - based company Surya Kapenjen, through it's subsidiary SEW Trident Global Pte Ltd. on Tuesday, 25th January 2011. The Mou was signed by Mr.C.Srikanth, Director of SEW Trident Global Pte. Ltd. in the presence of the President of Indonesia, Mr. Susilo Bambang Yudhoyono.

The MOU entails development of a 84KM Hauling road on BOT and the Port which would feed the cargo in East Kalimantan Province of Indonesia, with a minimum capacity of 10 Mil MT per Annum of coal.The project feasibility studies are being undertaken and SEW would decide how much to invest in the project once they get the necessary approvals and clearances.

Speaking on the occasion, Mr.C.Srikanth, the Director of SEW Trident Global Pte Ltd. said: “SEW Infrastructure Ltd., is making its first foray abroad with these projects and shall execute these projects with the same level of commitment and excellence as in the past 50 years. We are exploring further opportunities to invest in Mines and Infrastructure into Indonesia”

About Sew Infrastructure Ltd:
In the year 1959,Sri. Vallurupalli Nageswara Rao, founded 'Southern Engineering Works' (SEW) in Vijaywada, A.P. India, with late Sri. Y. Purnachandra Rao and Sri. Y.M.G. Nageswara Rao as co-founders to pursue civil engineering construction activities. The first project SEW worked on, was the prestigious Nagarjuna Sagar Dam in Andhra Pradesh. During the period of expansion, other partners joined the company and contributed to the growth of the organization to its present status.

In the year 1967, the seventh year since founding, SEW was awarded a Gold Medal by the then Hon’ble Prime Minister of India Shrimati Indira Gandhi for the record progress of stone masonry in a single day at Nagarjuna Sagar Dam.

With the experience gained at the Nagarjuna Sagar Dam, the company participated in the building of other major dams of Tawa, Bargi, Bansagar, Hasdeo Bango, in Madhya Pradesh & Srisailam and Priyadarshini Jurala in Andhra pradesh. SEW attained specialization in the construction of high dams due to the experience gained in the opportunities available in the beginning years of its founding.
In the year 1983, the company was converted to a Private Limited Company with the name SEW Constructions Ltd.
Over the years, SEW Constructions Ltd., has diversified into construction of
• Lined Irrigation Canals
• Hydel, Thermal and Gas based Power
• Industrial, Commercial and Residential Buildings
• Dams & Barrages
• Lift Irrigation Schemes
• Canal Structures
• Roads and Bridges
• Fabrication and Erection of Gates
• Water Supply Projects
• Transmission Lines
In the year 2008, the company was renamed as SEW Infrastructure Ltd. to highlight their commitment to infrastructure project works.

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