NewsVoir | 05 Jul, 2016
Essar Projects, a leading Engineering Procurement & Construction (EPC) company, today announced that it has bagged the contract for replacing 141 km of pipeline of 18-inch diametre in the Koyali-Viramgam section of Indian Oil Corporationâs (IOCL) Koyali-Sanganer pipeline. The contract is valued at more than INR 850 million, exclusive of the cost of pipes, which are being supplied by IOCL.
Originating at IOCLâs Gujarat Refinery in Koyali, Gujarat, the 1,056-km Koyali-Sanganer product pipeline is the companyâs longest, and helps the oil PSU meet its supply commitments in central India. According to Mr. AV Amarnath, COO, Essar Projects, âWe are proud to be given the opportunity to work on a pipeline that has such a vital role in Indiaâs oil & gas sector. In fact, though falling oil prices have led to a slowdown in the global oil & gas industry and to deferment of many new projects, we are beginning to see some kind of a revival in India. The proposed gas grid and the infrastructure requirements that will go hand-in-hand with the adoption of Bharat Stage 6 will present a number of opportunities for EPC players in the foreseeable future. This win is a new beginning for us and we want to pursue more projects in the oil & gas pipeline segment, in which we have world-class expertise and proven track record.â
Essar Projects has established capabilities in designing, planning and executing complex pipeline projects involving oil & gas, water and iron ore slurry. The company has a track record of laying over 5,500 km of pipelines through some of the toughest terrains in India, UAE and Madagascar. It has executed oil & gas pipeline projects for diametres ranging from 18 inches to 48 inches, as well lengths ranging from 100 km to 550 km. Essar Projectsâ pipeline expertise is also backed by Essar Steelâs Hazira steel plant and pipe mill.
About Essar Projects
Essar Projects is a leading EPC (Engineering Procurement & Construction) company that offers a collaborative end-to-end project delivery model, which is backward integrated into the supply chain and forward integrated into customer needs.
The company has over four decades of experience in executing mega projects in sectors such as Hydrocarbons (Refinery, Petrochemical & Fertiliser Plants), Tankages and Terminals, Pipelines (Oil & Gas, Water, Slurry and Subsea), Offshore (Platforms, SPM & PLEM), Infrastructure (Ports, Jetties, Airports, Railway, Buildings & Townships), Minerals & Metals (Steel Plants, Sinter Feed, Beneficiation & Pelletisation Plants, and Material Handling Systems), and Power Plants (Coal, Gas, Multi-fuel and Hydel).
Essar Projectsâ intimate involvement in setting up, operating and maintaining the world-class manufacturing units of a wide range of Essar businesses has helped in honing its expertise in offering turnkey solutions. Unlike other contractors, Essar Projects is therefore able to extend its EPC offering from concept to commissioning and beyond. Assisting in this is an in-house multidisciplinary Engineering & Project Management division, as well as a Procurement division with strong vendor networks. The company owns a state-of-the-art fabrication facility and a large bank of construction equipment.
For more information, please visit www.essar.com .