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Egis to make 450 Cr Investment in India to Enter Power Sector

February 27, 2021March 13, 2021Egis, Investment, Nuclear Power

Egis India, the Indian arm of French construction engineering and mobility services company plans to invest around Rs 450 crore in India over the next five years. The information was shared by Egis Group CEO Mr. Laurent Germain in an interview with Economic Times.

Egis currently operates in the Road, Railway, Airport and Smart City sectors in India, and is looking to enter Healthcare, Tourism and Nuclear Energy. Mr. Germain also mentioned “The nuclear power plant being built by EDF in Jaitapur, Maharashtra, is an option for Egis to enter India’s power sector.… the railway sector and the privatisation of airports are some prospective areas for additional investment by Egis”.

In the same interview Mr. Sandeep Gulati, Managing Director of Egis India said “The infrastructure sector was impacted between March and June and it’s on the recovery path now – we see the fastest recovery coming from infra. There is a large push from the government also”.nuclear energy

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