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| Shriram EPC bags Rs 315 cr order from Sail |
| BS Reporter / Chennai Sep 24, 2008, 17:16 IST |
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Shriram EPC Limited (SEPC), an integrated engineering service provider for renewable energy projects, has bagged two orders amounting to Rs.315 crores from Steel Authority of India Limited, Rourkela Steel Plant.
The first order includes design, engineering, manufacture, supply, erection, testing, commissioning and establishment of performance guarantee of Coal Chemical Plant. This order would be executed in consortium with Hutni Projekt Frydek-Mistek a. s., Czech Republic, and this project is to be commissioned within 28 months from the date of signing of the contract, according to a release from the company.
The second order includes design, engineering, manufacture, supply, erection, testing, commissioning and establishment of performance guarantee for Ammonia Liquor Treatment Plant and Ammonium Sulphate Plant for upgradation of Coal Chemical Plant. This project is to be commissioned 18 months from the date of signing of the contract.
Commenting on the order wins, T Shivaraman, Managing Director & CEO of Shriram EPC said that, "We are delighted to win our first order along with our consortium partner Hutni, a world leading coke oven and by product technology company with a track record of 55 years in the business. Our partnership with Hutni will open up the market for bidding for the coke oven battery."
Shriram EPC has been working on coke oven and related areas for over 5 years now and this contract is culmination of the long effort. According to the media release, the market for such projects in India is quite large with most of the large steel plants going for expansion as well as for major rebuilding and modernisation of existing facilities.
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