Shriram Epc Limited Consortium Wins Rs.488 Crore Order From NMDC
The latest order win by Shriram EPC, a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators.
- (1888PressRelease) December 17, 2011 - Shriram EPC Limited (SEPC), a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and manufacturer of wind turbine generators, announced that it has been awarded the contract for the Installation of a By Product Complex including Effluent Treatment Plant at the 3.0 MTPA Steel Plant of NMDC at Nagarnar in Chattisgarh. The value of the order win is Rs. 488 crore of which the value for Shriram EPC Limited is Rs.260 crore
The order entails Design, Engineering, Supply of Plant & Equipment, Structural and Civil Works, Erection, Testing and Commissioning. The schedule for completion of the project is 30 months.
Shriram EPC will lead a Consortium in association with Hutni Projeckt of the Czech Republic and Beekay Engineering Corporation to complete the order.
Commenting on the contract, Mr. T. Shivaraman, Managing Director & CEO of Shriram EPC Limited, said, "we are pleased to announce that the Company has been awarded a contract for the installation of a By Product Complex at NMDC's steel plant in Chattisgarh. Over the past several months, the Company has shown strong momentum in its order book, particularly in power and municipal services. Nevertheless, while we gain momentum in other segments, we have maintained a robust position in the process and metallurgy space, which we expect to sustain going forward.
We are pleased to work again with Hutni Projeckt in the completion of this order. Hutni Projeckt has a prestigious reputation and have executed turnkey projects for world leaders. We are confident that the Consortium, with each Company's respective strengths and advantages, will allow us to complete the order on a timely basis."
About Shriram EPC
Shriram EPC (NSE: SHRIRAMEPC, BSE: 532945) is one of the leading service providers of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas, and is also a leading manufacturer of wind turbine generators (WTG).
The EPC business is focused on providing integrated turnkey solutions for biomass-based power plants, process and metallurgy plants (including cement & thermal power plants), water and wastewater treatment plants, water and sewer infrastructure and pipe rehabilitation. The WTG business is focused on manufacturing, erecting and commissioning of MW Class and KW class WTGs.
Shriram EPC is headquartered in Chennai with offices in Mumbai, New Delhi, Kolkata and Beijing; and WTG and cooling tower factories in Puducherry, Chennai and Umbergaon (Gujarat). Their EPC project experience and footprint reaches across 16 states in India, and internationally in Zambia and France, while their WTG business has completed wind energy projects throughout India.
For further information, please contact
Mr. T. P. Vivekanand
Shriram EPC Limited
Tel: +91 44 4901 5678
Email: tpv ( @ ) shriramepc dot com
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