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Construction : Deals | October 2014 | Source : Construction Update

Voltech enters into a JV with RGTCC to strengthen its deliverables to the telecom sector

Voltech group is a service provider in testing and commissioning of electrical plants. The company has floated two more joint ventures one in India and another in Zambia. Voltech group Chairman and Managing Director M Umapathi said that the first joint venture with Kuwait-based Rank General Trading & Contracting Company (RGTCC) in India is to the tune of Rs 120 crore. The JV would help Voltech to undertake and execute engineering procurement and construction contracts from the telecom sector on turnkey basis. Voltech is also coming up with Rs19 crore solar panel manufacturing plant in Chennai shortly.
 
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