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Our Bureau

Mumbai, Sept.18

Hyderabad-based Saisudhir Infrastructures Ltd has finalised Rs 32 crore investment approvals from BTS India Private Equity Fund.

The investment will focus on Saisudhir’s next level of growth including expanding engineering capacities and providing working capital for completing medium to large infrastructure projects, said a joint release issued here on Friday.

The company specialises in construction of infrastructure projects related to water supply, solid waste management and the power sector.

“The current round of capital rising is a step towards undertaking larger projects, broadening the reach of the company to other States,” said Mr D. Sreedhar Reddy, Managing Director of Saisudhir Infrastructures. The company is gearing up to begin execution of some of the larger water-based projects that it has received from the Andhra Pradesh and Karnataka governments.

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