Manipal Energy & Infratech Limited wins prestigious MSME Award for Outstanding Contribution in Quality and Excellence

Press Release, Jun 17, 2024, 5:43 PM IST

Manipal Energy & Infratech Limited (MEIL) has been honoured with the prestigious “India 5000 Awards” in the MSME category for its outstanding contribution in quality and excellence. This recognition presented by Benchmark Trust, is based on an evaluation conducted by Audit Partner TQV and supported by the Bombay Stock Exchange. The award recognizes MEIL’s remarkable achievements in customer satisfaction, societal impact through service and management, and boosting overall growth during the financial year 2023-24. The Award Ceremony will be held in the presence of top industry leaders in Navi Mumbai on December 21, 2024.

MEIL has registered a robust Compounded Annual Growth Rate of 48% over the past three years and generated substantial employment opportunities for trained professions engaged in execution of public infrastructure projects across the country. The company’s ethos is deeply rooted in the Executive Chairman, The Manipal Group, Shri Gautham Pai’s belief that robust infrastructure is the backbone of a thriving economy and a harmonious community.

Shri Sagar Mukhopadhyay, Managing Director and CEO stated, “MEIL has recently been awarded several prestigious government projects for Power Distribution, Transmission and Civil Construction that provides visibility of its growth trajectory over the next three years. Our long-term plans include foray into irrigation projects, water and environmental projects, road and transportation projects, and international business ventures.”

He further added, “This award is a testament to our team’s hard work, the support of our vendor network, and the unwavering support from all our clients. He also expressed gratitude to their banking partners, Canara Bank and Kotak Bank, as well as other financial institutions that have supported MEIL in its growth journey.”

MEIL serves as a single point of contact for diverse requirements spanning electrical, instrumentation, and allied civil works essential for power utilities, industrial ventures, petrochemicals, railways, solar initiatives, and infrastructure projects. Engaging a highly specialised and dedicated team, MEIL remains steadfast in its commitment to excellence, innovation, and sustainable growth in the realm of infrastructure development and beyond.