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Essar Projects has a noteworthy FY17, looks forward to even better FY18

 

Essar Projects India Ltd (EPIL), a leading Engineering, Procurement and Construction (EPC) company, completed and commissioned 10 projects worth Rs 2,862 crore in 2016-17. Some of these projects are of national importance and make significant contribution to India’s infrastructure growth. The company posted revenues of about Rs 2,000 crore in FY17, highlighted an official release.

 

EPIL executed critical activities in Indian Oil Corporation Ltd’s 15 mtpa Paradip Refinery project, the Saurashtra Narmada Avtaran Irrigation (SAUNI) Pipeline Yojana project, as well as the Kaladan Multimodal Transport Project in Myanmar.

 

The other projects are in sectors as diverse as steel, oil and gas and fertilisers, with a footprint spanning India and neighbouring countries. Over the years, EPIL has gained valuable experience by executing and delivering large turnkey projects for government and private sector organisations.

 

"With an order book of almost Rs 8,000 crore, we are confident of even better performance in FY18," said Mr A.V. Amarnath, Chief Operating Officer.

 

Source: Exim News Service - MUMBAI, April 20

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