Summary – Shapoorji Pallonji Group awaits formal award of three bids in Croatia worth over ₹11,300 crore, aiming to expand its international project portfolio.,
Article –
The Shapoorji Pallonji Group is on the brink of securing major infrastructure contracts in Croatia, which could significantly boost its international presence. The group is currently awaiting the formal award of three bids that collectively amount to over ₹11,300 crore.
These projects represent a strategic move to expand Shapoorji Pallonji’s portfolio beyond its traditional markets. By winning these contracts, the group aims to strengthen its foothold in the global infrastructure sector.
Details of the Bids
- The contracts pertain to significant infrastructure development in Croatia.
- The total value of these contracts exceeds ₹11,300 crore.
- Awaiting formal confirmation of the award from the Croatian authorities.
Strategic Importance
The acquisition of these projects is expected to:
- Enhance Shapoorji Pallonji’s international project portfolio.
- Provide a platform for further expansion into European markets.
- Demonstrate the group’s ability to compete for and secure large-scale infrastructure projects globally.
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