Thursday, December 24, 2009

>Shriram EPC Group awarded orders for Rs. 156 crore

Shriram EPC Ltd. (“SEPC”) announced that it has, along with its subsidiaries, received orders amounting to Rs. 156 crore.

Shriram EPC Ltd. (“SEPC”), is one of the leading service providers of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas and is a leading manufacturer of wind turbine generators.

The order wins include:
- an order of Rs. 90 crore to SEPC’s subsidiary Hamon Shriram Cottrell Ltd. from Mangalore Refinery and Petrochemicals Ltd. for setting up a Cooling Tower and Cooling Water Treatment Plant for Phase – III of the refinery project at Mangalore, Karnataka.

- an order of Rs. 30 crore from Kerala Feeds Ltd. for setting up of a 300 TPD Cattle Feed Plant at Kallelibhagom, Karunagappally in Kerala.

- an order of Rs. 36 crore from the Kerala Water Authority for a Clear Water Transmission Pipeline at Kochi. Commenting on the order wins, Mr. T. Shivaraman, CEO & Managing Director, SEPC, said:
“We are delighted with these order wins. It is heartening to note that the orders are for different verticals highlighting the diversification of our business model on one hand and our competence in our chosen areas of operation on the other. These order wins combined with signs of increased traction in the EPC space gives us confidence that we shall be able to grow our order book meaningfully over the short-to-medium term.”

DETAILS TO THE ORDERS:

ORDER FROM MRPL
SEPC’s subsidiary Hamon Shriram Cottrell Ltd. has been awarded an order of Rs. 90 crore from Mangalore Refinery and Petrochemicals Ltd. for setting up of a Cooling Tower and Cooling Water Treatment Plant for Phase – III of the refinery project at Mangalore, Karnataka.

The scope of work for the project will include designing, engineering, supply of materials, construction and installation. The completion period for the project is 18 months.

ORDER FROM KERALA FEEDS LTD.
The company has also received an order worth Rs. 30 crore from Kerala Feeds Ltd. for setting up a 300 TPD cattle feed plant in Kallelibhagom, Karunagappally, Kerala. The project involves the design, engineering, procurement, fabrication, transportation, supply, erection, testing and commissioning of all civil, architectural & structural, mechanical, electrical and instrumentation equipments / works.

SEPC will be executing the total engineering, civil, structural, mechanical, electrical & process automation for this plant. The cattle feed plant will be totally automated and based on technology from M/s. Poeth B.V., Holland, with whom, SEPC has a technical collaboration. The critical equipments for the project will be sourced from M/s. Heemhrost B.V., Holland, who has been in the business of cattle feed plants for more than 100 years. The SEPC team had executed a similar project for the same customer earlier. The completion period for this project is about 12 months.

ORDER FROM KERALA WATER AUTHORTY LTD.
The Water Division of Shriram EPC Ltd. has been awarded an order worth Rs. 36 crore from the Kerala Water Authority for work on a Clear Water Transmission Pipeline at Kochi. The project falls under the JNNURM Programme for the Corporation of Kochi and involves Design, Supply, Laying, Jointing, Testing and Commissioning of various sizes of pipes for transmission of water from treatment plant to various destinations. The combined length of all pipelines is around 23 Km. The project is scheduled to be completed within 12 months.

To read the full report: SHRIRAM EPC

0 comments: