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Friday, October 26, 2012

MARG Karaikal Port bags best project award



Chennai: MARG Karaikal Port, a subsidiary of Chennai headquartered MARG Group, was selected as the ‘Best project under the category Port Development at the D&B – Axis Bank Infra Awards 2012.’

GRK Reddy, Chairman & Managing Director, MARG Group received the award from UPS Madan, IAS, Vice Chairman and Managing Director, Maharashtra Airport Development Company Limited in Mumbai at a glittering ceremony held on Wednesday where top performers from the Indian Infra sector were honoured.
The award to MARG Karaikal Port project is another feather in its cap and is in recognition of developing MARG Karaikal Port as a modern, hi-tech Port infrastructure within a record period of time with superior quality, modern technology and safety features, exemplary performance and social impact. MARG Karaikal Port is a premier, hi-tech, all weather port on the South East coast of India is notably the only all weather, deep water, multi-commodity port between Chennai port and Tuticorin port and is strategically located at the middle of this 680 km coastline.

Expressing happiness on receiving the award, GRK Reddy said, "We are delighted to have won this award which acknowledges our expertise in handling large infra projects with some of the best cutting edge technology, intellectual strength and strategic tie-ups with international majors. This award to MARG Karaikal project will definitely be a great boost for our future efforts and will spur us towards greater heights. This is a recognition of our capability, particularly in handling projects under Public-Private Partnerships.”

The Infra awards felicitate leading Infrastructure companies who have delivered exemplary performance. The winners for the prestigious recognition have been selected through a rigorous evaluation process based on pre-determined parameters involving independent jury.

The occasion also marked the release of the fifth edition of its premier publication ‘India’s Leading Infrastructure Companies 2012’ by UPS Madan, who graced the occasion as the Chief Guest, while Sidharth Rath, President & Head – Large Corporation development, Axis Bank & Saugata Bhattacharya, Chief Economist, Axis Bank delivered special address.

About D&B – AXIS BANK INFRA AWARD
 
Dun & Bradstreet (D&B), the world’s leading provider of business information, knowledge and insight and Axis Bank, India’s leader in Infrastructure Finance and the third largest private sector bank in India, jointly announce the second edition of ‘D&B-Axis Bank Infra Awards 2012.’ These awards were instituted to felicitate 18 leading infrastructure companies & projects that had delivered exemplary performance in the Indian Infra space.

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