Industrial Automation Magazine India

Placebo Fabtech Bags Biggest Open Web Girder Order From L&T Ltd

Published on : Friday 18-09-2020

The order is for executing Structural Steel Girder Work for Special Steel Bridge Work at Tapi bridge location project of WDFCC.

Hyderabad, September 17, 2020 – Placebo Fabtech Private Limited, the Hyderabad-based RDSO approved large scale industrial heavy structural steel fabricator with a monthly capacity of heavy fabrication of up to 1200 metric tonnes, has bagged the biggest Open Web Girder manufacturing order worth Rs 15.10 crore from India’s largest construction and EPC Company, Larsen & Toubro Ltd.

The order is for executing ‘Structural Steel Girder Work for Special Steel Bridge Work’ at Tapi bridge location project of Western Dedicated Freight Corridor Corporation Ltd (WDFCC).

In spite of tough competition from other RDSO approved companies who have been working for decades in northern part of India, Haryana, Maharashtra and Telangana, Placebo Fabtech Pvt Ltd has been awarded this order for executing steel bridge girder work at TAPI bridge location which comes under WDFCC, through Larsen & Toubro Ltd.

Speaking about the achievement, Mr V Subramanian, President – Marketing, Placebo Fabtech Pvt Ltd, stated, “It took 195 days from the date of first meeting with L&T to bag this prestigious order. There were a lot of discussions on commercial aspects in terms of comparison of pricing between the existing vendors of Larsen & Toubro Ltd and Placebo Fabtech, and given the track record of our financials and considering our capabilities in executing earlier orders, we were successful in this endeavour. Measuring up to the exacting quality aspects of Larsen & Toubro Ltd is a Herculean task and we are glad to have made it, and prepared to accept more such challenging orders in mutual interest.”

Commenting on the technical aspects of the work, Mr CH Chandrashekar Reddy, Managing Director, Placebo Fabtech Pvt Ltd, said, “The techno commercial online meetings in convincing L&T officials for were very challenging to secure this work order, and in spite of Covid-19 setback, a lot of such online marathon meetings happened between us and L&T, and finally we succeeded. We are not seeing this Open Web Girder order from Larsen & Toubro Ltd purely in commercial terms, but as an opportunity to prove ourselves in the highly competitive heavy and high end fabricators market, and the fact that we are now preparing to execute this order with proper due-diligence. The deadline set for this project is 30th April 2021 and we are confident that we will meet the same with utmost dedication.”

Apart from L&T’s current order, the RDSO approved Placebo Fabtech Pvt Ltd also is executing good orders pertaining to Steel Girders, Fabrication based on Drawings and Pre-Engineered Building Systems, etc., with prestigious clientele like JSW Severfield Structures Ltd, IKEA – Bangalore, ThyssenKrupp Industries Ltd, Ramky Infrastructures Ltd, BSCPL Infrastructure Ltd, Mumbai-based Afcons Infrastructure Ltd, BVSR Constructions Ltd, among others.

PFPL also is working as sub-contractor to execute the flyover projects in and around Hyderabad at a faster pace.