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Quippo Infrastructure Equipment Limited has been sponsored by SREI, one of the leading non-banking financial institutions in India. It started its operations in early 2002. Having identified India's infrastructure sector as its principal growth area, SREI has built a unique business model, which revolves around the financing of infrastructure, construction and mining equipment, infrastructure project finance and renewable energy systems.
Quippo is the country's largest infrastructure equipment rental company, servicing the high growth verticals of Construction, Mining, Oil & Gas, Telecom and Energy. In addition to having a state-of-the-art equipment/asset bank for construction and other infrastructure sectors, Quippo has a large pool of fully trained operations and maintenance personnel spread across various sites in India.
Quippo, through its subsidiaries, is involved in the renting of towers to leading telecom operators of the country and has been a forerunner and driver of the shared infrastructure initiative in India. It's Oil and Gas subsidiary is in the business of renting on-shore drilling rigs to oil majors and providing associated services. It has a strategic tie up with a leading global service provider in the Oil and Gas business.
Other emerging businesses of Quippo include a JV with Henry Butcher, a company that provides plant and machinery valuation and conducts equipment auctions. Another JV of Quippo is with Larsen & Turbo and others for its operations in the southern states of India. It has an energy rental business using small gas-based generators. These gas-based generators offer a cleaner and cheaper option for a combined power and heating or chilling solution. Quippo recently has also forayed into the mining sector with huge mining projects announced in coal, iron ore and bauxite fields as Quippo Mining Division.
Presently the Total Assets of Quippo are approx. 500 Crores (USD 125 Million) and Revenues generated are Rs. 130 Crores (USD 32 Milllion).
Business Overview
Construction Equipment Rental
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Rents earthmoving, concreting & general construction equipment on daily, weekly, monthly & yearly basis |
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Provides trained, qualified and experienced operators with the equipment |
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Provides onsite repairs & maintenance |
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Advice on equipment suitability based on applications |
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Bid support Provides OEM & quality in-house maintenance of equipment |
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Supported by in-house genuine spare parts inventories to ensure minimum maintenance & down time |
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Rents environmentally friendly gas based power solutions on short-medium
terms |
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Each modular unit is of 600 KW - 1300 KW housed in rugged containers |
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Provides power plants up to 10 MWs combining multiple units
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Comprehensive solutions including engineering management, maintenance,
operators & spares/consumables |
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Heat recovery & chilling solutions |
QUIPPO Mining Division is aimed at bridging the needs of the mining industry, be it coal or other mineral investments in the country. Potential areas of interest and cooperation include:
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Mining Equipment rental |
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Mining systems and technology platform |
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Mining JV for execution of large contracts |
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Mine Develop and Operate (MDO) |
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Coal or Hydropower project development |
Subsidiary(ies) >>
Quippo Telecom Infrastructure Limited
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Provides complete "Plug-n-Play" service for telecom service operators |
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Holding IP-1 License for Passive Infrastructure Service |
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Only Indian company with successful on-ground experience in tower rental &
co-location |
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Upgraded world's 1st ever multi technology, multi shared tower, used by six
operators |
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Has 600 projects on air along with contracts with Bharti, Idea, Spice Joint
Ventures / Associates |
Quippo Oil & Gas Infrastructure Limited
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Provides state of the art drilling equipment |
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Provides trained, qualified and experienced operators |
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Provides advisory services for equipment suitability & equipment purchases |
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Provides banking facility for idle equipment |
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Current portfolio includes 3 state-of-the-art rigs |
Joint Venture/Associates >>
Asset Valuation & Disposal
A 50:50 JV between Quippo Infrastructure Equipment Ltd. and Go Industry Henry Butcher International
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Provides plant & machinery valuations |
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Provides online, offline auctioning & disposal services for plant & machinery |
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Only Indian company focused on valuation & disposal of plant & machinery |
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Rents high value, multi-purpose, specialized and general purpose equipment |
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Provides trained operators with the equipment |
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Provides on-site repairs and maintenance |
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Accepts deposits of idle equipment from various sources, deploys them effectively and provides returns thereon to equipment owners on their idle assets. |
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