Press Release
	News Release Chennai, 10 March, 2008
	Shriram EPC awarded orders worth Rs. 120 crore
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	Shriram EPC Limited (SEPC), one of the leading service providers of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators, has announced that it has been awarded multiple contracts amounting to Rs. 120 crore. Details of the contracts are as under:
	Three orders from the Delhi Jal Board for Rs. 77.0 crore:
	Shriram EPC Ltd. in Joint venture with CPT Asia Holdings Ltd, Hong Kong has received three orders from the Delhi Jal Board (DJB) for the rehabilitation of trunk sewers and combined value of all three orders is approximately Rs. 77.0 crore. These sewers are going to be rehabilitated by trenchless technology through the application of CIPP liners. After rehabilitation, the carrying capacity of the sewers will be increased and the new liners will provide additional strength to the existing sewers, resulting in an increase in the longevity of the sewers.
	Order from the Delhi Jal Board for Rs. 43 crore:
	Shriram EPC Ltd. in Joint venture with KMG Pipe Rehabilitation Emirates, L.L.C, Abu Dhabi has received an order from the Delhi Jal Board for the rehabilitation of the Ring Road trunk sewer – Slice A amounting to Rs. 43.0 crore. These sewers will be rehabilitated by trenchless technology through the application of a Spirally wound PVC liner supplied by Rib Loc Pty Ltd., Australia.
	Commenting on the orders, Mr. T. Shivaraman, Managing Director & CEO of Shriram EPC Limited, said:
	“The recent business wins further strengthen our order book which stood at Rs. 2,279.2 crore as of December 31, 2007. The new order traction is robust and demonstrates the strength of our technological collaborations and our operating excellence in our chosen areas of operations. We have been winning highly competitive business contracts on a sustained basis which gives us the confidence to maintain an optimistic view going forward. The operating environment also remains conducive which combined with our growth-drive points towards a strong outlook for the future.”
	About Shriram EPC
	Shriram EPC (NSE: SHRIRAMEPC, BSE: 532945) is one of the leading service providers of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and is also a leading manufacturer of 250 KW wind turbine generators (WTG). The EPC business is focused on providing integrated turnkey solutions for biomass-based power plants, bio-ethanol production plants, process and metallurgy plants (including thermal power plants), water and wastewater treatment plants, water and sewer infrastructure and pipe rehabilitation. The WTG business is focused on developing, manufacturing, erecting and commissioning 250 KW WTGs and is currently developing WTGs of larger capacities through subsidiaries and associates. Shriram EPC is headquartered in Chennai with offices in Mumbai, New Delhi, Kolkata and Beijing; and WTG and cooling tower factories in Puducherry, Chennai and Umbergaon (Guajrat). Their EPC project experience and footprint reaches across 16 states in India and internationally, in Zambia and France, while their WTG business has completed wind energy projects throughout India. The company was incorporated in June 12, 2000 and was listed in the BSE & NSE in February, 2008. For the fiscal year ended March 31, 2007 Shriram EPC had consolidated revenues of Rs. 301 crore and a consolidated net profit of Rs. 14.1 crore. The consolidated order book as of December 31, 2007 was Rs. 2,279.2 crore.
	For further information please contact
	Mr. S. Ramnath Mayank Vaswani Shriram EPC Limited Citigate Dewe Rogerson Tel: +91 44 2653 1592 Tel: +91 22 4007 5021 Fax: +91 44 2653 2780 Fax: +91 22 2284 4561 Email: investors@shriramepc.com  Email: mayank@cdr-india.com
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	Some of the statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.