Simon India bags Rs. 370 crores EPC contract for Mundra Port
New Delhi [India], June 6 (ANI): Simon India on Tuesday announced receiving of a contract worth Rs. 370 crores from Mundra LPG Terminal Pvt. Ltd. of the Adani Ports and SEZ to provide Engineering, Procurement and Construction (EPC) services for Adani Mundra's LPG Terminal at Mundra Port in Gujarat.
As per the contract, India's one of the largest terminals in terms of capacity, Adani Mundra's LPG Terminal will be benefitted for extended basic engineering, detailed engineering, procurement, supply, transportation and installation, among others.
For specialized procurement and fabrication work, SIL will synergize with Texmaco Rail and Engineering Ltd., which is another Adventz Group company, for timely and qualitative project delivery.
The Mundra Port project involves around 4600 MT of steel fabrication.
Construction work on the new terminal will commence in June 2017 and will be completed by November 2018. The terminal will have a total capacity of 3.56 million metric tons per annum.
It will comprise marine unloading arms, flare package, bog and flash gas compressors, in-tank pumps, process equipment, truck loading arms and gantry, boiler, utility and auxiliary systems, civil and structural work, electrical systems apart from state of art control systems.
"This agreement is in line with our strategic goals. We will combine our engineering acumen with project-and-risk-management expertise to provide complete solutions to Adani," said CEO SIL, Rakesh Verma.
Adding to this he said that Adventz Group is well diversified group operating in multiple areas, representing the fundamental drivers of the Indian economy such as agri products, heavy engineering, lifestyle products, real estate and infrastructure.
"Mundra LPG Terminal project will help us in contributing to India's self-reliance in Oil & Gas sector also," added Verma.
Adani Management expressed its confidence in Simon India and Adventz group for successful completion of this prestigious project and wished them for future endeavors.
SIL is a renowned EPC company with a proven track record of more than 17 years. It has executed various large-scale EPC projects for sectors including Petroleum Refinery, Petrochemical, Oil & Natural Gas, Fertiliser and Chemical, Power and Cement in India and Overseas. (ANI)