MARG SWARNABHOOMI SIGNS MOU WITH TECPRO ENERGY SYSTEMS

~ TECPRO ENERGY SYSTEMS sets up manufacturing unit at MARG Swarnabhoomi ~

~PROFLEX range of Aeration Products to be manufactured at the plant ~

~Follows other industry majors like Grundfos, Virgo, Van Spall, Twin Disc, Eswari Electricals and TVS Kwik Patch~

~TECPRO ENERGY SYSTEMS is one of the leading manufacturers of Aeration Products~

Chennai, Feb 15, 2012 – MARG Ltd., one among India’s leading Infrastructure companies today announced that its flagship project, MARG Swarnabhoomi, christened as the city of education, research and innovation has signed a Memorandum of Understanding (MoU) with Tecpro Energy Systems a leading manufacturer of Aeration Products and Pollution control products. As part of the MoU, TECPRO ENERGY SYSTEMS (TES) will be a setting up a unit at MARG Swarnabhoomi to manufacture PROFLEX range of Aeration Products. The MoU was signed in the presence of C.B. Jeevanantham, Founder Chairman, Tecpro Energy Systems, J.Jayanthi Jeevanantham, CEO, Tecpro Energy Systems and AP Ganessh Ram, CEO - MARG Swarnabhoomi and Education Services.

TECPRO ENERGY SYSTEMS (TES) is one of the leading manufacturers of Aeration Products and Pollution control Products used in Sewage Treatment Plant (STP) and Effluent Treatment Plants for a green & clean earth and a better tomorrow. The organization is committed to offer quality & innovative products. PROFLEX DIFFUSER for Sewage Treatment Plants & Effluent Treatment Plants is a result of untiring R & D efforts of TES.

Speaking on the occasion, C.B. Jeevanantham, Founder Chairman, Tecpro Energy Systems said, “Our mission is to be recognized as a leading provider of Aeration and Pollution control Products worldwide for a green, clean earth and a better tomorrow. The plant at MARG Swarnabhomi will manufacture PROFLEX DIFFUSER used for Diffused Aeration in Sewage Treatment Plant (STP) and Effluent Treatment Plants.”

Welcoming TECPRO ENERGY SYSTEMS to MARG Swarnabhoomi, AP Ganessh Ram, CEO - MARG Swarnabhoomi and Education Services said, “We are happy to have Tecpro Energy Systems manufacturing facility at MARG Swarnabhoomi, which already houses many leading companies. MARG Swarnabhoomi’s engineering SEZ is in the unique position to cater to the needs of a diverse set of engineering companies. The Zone has attracted the attention of a large number of engineering companies including global majors as well as SME’s and even MSME’s. Spread over 311 acres of land with over 156 acres of processing area, the meticulously designed engineering Special Economic Zone at MARG Swarnabhoomi, intelligently caters to every minute need of the engineering industry, making it an ideal destination to start up operations.”

Waste Water Treatment being mandatory in countries worldwide, there is a huge demand for membrane diffusers, particularly in Asian Countries like Sri Lanka, Bangladesh, Thailand, Malaysia and Gulf Countries. TECPRO ENERGY SYSTEMS are one among very few of indigenous manufacturers of Membrane Diffusers across the globe. In order to meet out the growing needs of the Waste Water Treatment Industry, TECPRO ENERGY SYSTEMS has proposed to expand their manufacturing capacity by opening an additional manufacturing unit at MARG Swarnabhoomi. Direct import of raw material from suppliers and integrated manufacturing facility in the proposed site would considerably bring down the cost and enhance competitiveness of PROFLEX globally. TES aim for stable long-term Profitable growth through innovation, quality, commitment and ultimate customer satisfaction.

MARG Swarnabhoomi, christened as the “Land of New Thinking”, is the campus of education, research, innovation, industry and living. Located on scenic East Coast Road (ECR), mid-way between Chennai and Puducherry, it has proximity to the Auto & Electronic industrial belts of the nation. This strategic ECR stretch is “the growth corridor” of the future and being close to Chennai, has access to world class academia. It is also well connected via road, rail & airport and unlike other industrial clusters, it has all the facilities to foster business. Away from common din of the cities, located at scenic backwaters of ECR, the city is planned in such a way that it harmonizes with nature and offers scenic tranquility and peacefulness to uplift human mind and soul.

With access to the upcoming research and innovation infrastructure coming up in the adjacent Multi-Service Special Economic Zone at MARG Swarnabhoomi, companies setting up operations here can enjoy sustained benefits. Inspired by major R&D and innovation centers from across the globe, MARG Swarnabhoomi aims to develop a region with holistic ecosystem by providing an environment which nurtures innovation in the engineering sector. Companies moving to MARG Swarnabhoomi will have a chance to grow in a competitive environment with access to cutting-edge research and academia.

ABOUT TECPRO ENERGY SYSTEMS

TECPRO ENERGY SYSTEMS (TES) is engaged in design and manufacture of Industrial Valves, Burner Spares and Air Bubble Tube Diffusers as per ASTM standard which have been field tested for over 15 years. With PROFLEX as brand name, it is a privately held and professionally managed company, committed to bringing out quality products since its inception in 2006.

ABOUT MARG SWARNABHOOMI

MARG Swarnabhoomi, the flagship project of MARG is being developed as an inclusive and integrated new paradigm city based on the principles of new urbanism with unique offerings for education, research and innovation. This integrated city will house a R&D hub and an innovation led futuristic Science Park supported by an educational, commercial and residential framework. MARG Swarnabhoomi has been designed to be an aspirational habitat based on the principles of ‘new urbanism’ where Education, Research and Innovation will coexist in a stress free atmosphere.

Christened as the “Land of New Thinking”- the global city of education, research and innovation that brings together educational institutions, manufacturing & research companies, IT services firms, housing and healthcare facilities all under one roof. It has already roped in several companies including the likes of Grundfos India, Polyhose, Van Spall Associates, Virgo, Sumeet Machines and TVS Kwikpatch in the engineering category. Strand Bioprocesses and Micro Therapeutics Research labs have been tied up in the Research & Innovation domain.

MARG Swarnabhoomi has been shortlisted as Indian Green Building Council’s (IGBC) pilot project for the first Platinum rated city in India.

ABOUT MARG

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure, real estate development and services company. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of ‘Permitted Security’. The holistic regional development undertaken by the group is unlocking economic prosperity and creating inclusive & sustainable growth models.

With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. The group is expanding its sectoral presence with airport projects in Bellary and Bijapur and Multi-level car park projects. Listed by Dun & Bradstreet among “India’s Top 500 Companies 2010”, today MARG Group has projects worth more than Rs. 3000 crores under execution, a seasoned human capital of more than 1100, global partners in the Infra space and offices spread across India, Singapore and China. The MARG CSR brand – MARG Parivarthan complements these business verticals. More information on MARG is available on http://www.marggroup.com