Project Scope and Timeline
GHV Infra Projects has secured an Engineering, Procurement, and Construction (EPC) contract for a greenfield tyre manufacturing facility in Bekoko, Douala, located in the Littoral Region of Cameroon. The facility is designed for a robust production capacity of 7.6 million tyres per annum. Executed on a Lump Sum Turnkey (LSTK) basis, the project encompasses the entire lifecycle from design to final commissioning.
The company has a stipulated timeframe of 36 months to complete the works, starting from the formal Notice to proceed, highlighting the scale and complexity of this international industrial assignment.
Strategic Business Impact
The ₹6,993 Crore contract represents a monumental addition to the company's order book, dwarfing its trailing twelve-month revenue of ₹556.9 Crore. This order not only reinforces the company's transition from its IT roots into a serious heavy construction and EPC player but also establishes its credentials in the international market. By securing a project that is nearly 3.7 times its current market capitalization, the company has effectively secured revenue visibility for several years.
This move into the African industrial sector positions it to benefit from the region's growing infrastructure demand and import-substitution policies.
Client and Regional Context
- The order was awarded by Cameroon Tyres Factory Project SA, which is developing the nation's first major tyre production hub.
- The project is situated in the strategic Douala region, providing proximity to major transport routes for domestic and export distribution.
- The initiative aligns with Cameroon's national strategy to reduce dependency on imported second-hand tyres through local manufacturing.
- Technical collaborations for the site often involve international consulting firms, ensuring global standards in tyre production.
- Successful execution could pave the way for further industrial EPC opportunities across West and Central Africa.
Operational Profile
Formerly known as Sindu Valley Technologies Limited, the company has successfully rebranded and pivoted towards the infrastructure and industrials sector. Its current service portfolio includes the development of roads, bridges, and complex industrial projects such as refineries and power plants. With a promoter holding of 63.98%, the company has demonstrated high growth momentum, reflected in a 176.95% share price increase over the past year.
This latest win underscores its ability to compete for large-scale, international LSTK contracts against established global peers.
