Pennar Industries, the Hyderabad-based engineered metal products company, is entering into development of green pre-engineered steel buildings business through its subsidiary PEBS Pennar. The Rs 850 crore company has set up a facility near Hyderabad to manufacture pre-engineered steel buildings.
PEBS Pennar will compete with existing players in the pre-engineered buildings market such as Kirby Building Systems, Tata BlueScope and Zamil Steel. Pre-engineered buildings are largely used for industrial facilities, commercial centres, multi-storeyed buildings, warehouses, aircraft hangars and sports complexes.
Going forward, the company plans to integrate solar panels in the pre-engineered buildings.
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Source: My Digital FC, 2010-02-11, Link
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