Hyd: Olectra unveils Next-Gen Concrete Reinforcement ‘GFRP Rebar', an alternative to steel reinforcement
Business Economy
Hyderabad, Apr 25 (UNI) In a major technological breakthrough for the infrastructure sector, Hyderabad-based Olectra Greentech Limited, a part of Megha Engineering & Infrastructures Ltd (MEIL) Group , has launched its cutting-edge GFRP Rebar (Glass Fiber Reinforced Polymer Rebar), an alternative to steel reinforcement here on Friday.
ThE product marks Olectra's official entry into the construction industry.
The GFRP Rebar was officially launched by MEIL Managing Director P.V. Krishna Reddy, in the presence of Olectra Chairman and Managing Director KV Pradeep, MEIL Group Directors CH. Subbiah and B. Srinivas Reddy.
Speaking on the occasion, Pradeep said 'With its superior advantages, GFRP Rebar not only ensures cost savings and low maintenance but also significantly improves the lifespan of structures. Its applications range from Industrial Flooring to Pavements and Bridge Decks'.
In 2024 alone, India consumed nearly 50 million tons of TMT steel rebar. UNI KNR SSP
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