May 26, 2019
World Market

Tata Consulting Engineers Limited acquires Ecofirst,strengthens sustainability offerings

Tata Consulting Engineers Limited acquires Ecofirst,strengthens sustainability offerings

Tata Consulting Engineers Limited has acquired Ecofirst Services Private Limited, which was a joint venture between Milestone Capital Advisors Limited and J. Leon Group (UK). With this acquisition, Ecofirst becomes a 100% subsidiary of Tata Consulting Engineers Limited.

Ecofirst provides design consultancy in sustainability solutions for the building environment. Tata Consulting Engineers Limited is a leader in engineering consultancy services in key industry sectors - primarily Energy, Utilities, Construction, Steel & Metals and Mining & Minerals. Tata Consulting Engineers is associated with the African subcontinent since the past three decades working closely with government and private organisations in the region towards driving the African vision for growth and development. Several private, public and specially funded projects have been successfully commissioned in sectors such as Power, Mining, Infrastructure (Townships, Water & Waste Water), Chemical & Industrial. The Ecofirst acquisition aligns with the African vision of sustainable development and hence has relevance to Tata Consulting Engineers' services in the region.

Tata Consulting Engineers' current portfolio of services will be enhanced with the Total Sustainability Solutions™ from Ecofirst thereby facilitating a holistic approach to building green environments. The Ecofirst acquisition institutionalises Tata Consulting Engineers' commitment to incorporating green technologies and sustainability into the business.

The Tata Consulting Engineers -Ecofirst combine will create thought leadership in sustainable development, create niche services in Infrastructure, Real Estate, Construction and others, drive natural resource conservation with green technologies, spearhead sustainability through Greenfield projects and migrate existing environments to sustainable platforms through Brownfield projects in a cost effective manner.

Ecofirst is a young organisation with an impressive clientele such as Tata Housing, Fire Capital, Godrej Properties, Hindustan Lever and Larsen & Toubro among others. The Company has several projects in various stages of completion in the building environment categories such as low cost housing, second home segment, large area community development, institutional and healthcare building development, hospitality and real estate fund house buildings among others. "We have made a mark as a prominent engineering solutions provider with prestigious projects within India and globally. Ecofirst will play a key role in helping our customers in Africa and across the globe achieve their sustainability goals", said Mr J P Haran, Managing Director, Tata Consulting Engineers Limited.

"Ecofirst's sustainable solutions will gain traction and alignment as part of Tata Consulting Engineers Limited in driving sustainable practices. I welcome the Ecofirst team to Tata Consulting Engineers Limited and into the Tata fold," said Mr F. N. Subedar, the new Chairman of Ecofirst Services Private Limited and Director of Tata Consulting Engineers Limited.

"We at Ecofirst are excited about the larger canvas of business that opens up as part of Tata Consulting Engineers Limited and look forward to contributing to the African growth vision." said Mr Chitranjan Kaushik, Chief Operating Officer of Ecofirst Services Private Limited.

About Tata Consulting Engineers Limited

Tata Consulting Engineers Ltd (TCE) is a wholly-owned subsidiary of Tata Sons Ltd. Tata Consulting Engineers Limited is an integrated engineering consultancy solutions provider since the past 50 years. The company offers engineering services from concept to commissioning in almost all key industry segments such as Power, Nuclear Energy, Chemicals, Infrastructure, Industrial, Mining & Minerals, Steel & Metals and Construction. With over 7000 successful projects delivered to global clients, TCE has established a good presence pan-India, Middle East, Africa & USA. Tata Consulting Engineers' African presence covers services in Outage management, EPCM, PMC and Construction management. Tata Consulting Engineers Limited has delivered projects for almost three decades in the regions of Algeria, Benin, Botswana, Ethiopia, Ghana, Liberia, Mozambique, Nigeria, South Africa and Zambia.