Success in my Habit

Thursday, January 26, 2012

Essar Projects bags a Rs 286 crores contract from Gujarat Water Infrastructure Limited

NEW DELHI: Essar Projects, India's second largest EPC company and part of the Essar Group, was awarded Rs 286 crores Contract from Gujarat Water Infrastructure Limited to Engineer, Procure, Construct & Commission (EPCC) a water pipeline system.

This is part of the ambitious Bulk Water Transmission System Project being implemented by the Gujarat Government. The project is scheduled for completion in 12 months.

It is one of the eight packages of Sardar Sarovar Narmada Canal-based drinking water supply project, which aims at supplying water to all the rural and urban areas of the seven districts of Saurashtra, Kachchh region and parts of Ahemdabad, Sabarakantha, Mehsana districts of North Gujarat and Panchmahals.

"Essar Projects has been successfully bidding and winning new business in the open market. This award from GWIL is a testimony to our competitive capabilities in the EPC space in India," said Mr MS Ambegaonkar, Director Business Development, Essar Projects.

Essar Projects is increasingly expanding its global footprint. Currently the company is bidding as well as executing multi-million dollar contracts in SE Asia, Australasia, Middle East & Africa.

The company's revenue for FY2011 was US$ 1.7 billion and Order Book stood in excess of US$ 6 billion.

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