Winsol Engineers Ltd Incorporates Foreign Subsidiary “Winsol Engineers Zambia Ltd.”
Winsol Engineers Limited, a leader in EPC (Engineering, Procurement, and Construction), Operations, and Consultancy services, has announced that it has incorporated a new foreign subsidiary, in Lusaka, Zambia under the name Winsol Engineers Zambia Limited, The newly incorporated subsidiary will engage primarily in Electric power generation, transmission and distribution, as well as manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus, retail sale of hardware, paints, and glass and other related activities. The incorporation of the subsidiary is a strategic initiative to expand the Company's overseas business operations and create new growth opportunities. Recently, that the Company has announced that it has received two incremental Purchase Orders and two incremental Work Orders from the Sembcorp Group amounting to approx. Rs. 2.71 Cr for Supply of VG 64 and to provide associated services pertaining to VG 64. Consequently, the...