Here’s how Essar Projects India completed Rs 2,862 crore worth projects in FY2016-17
Real Estate

Here’s how Essar Projects India completed Rs 2,862 crore worth projects in FY2016-17

  • FY17 revenues at about Rs 2,000 crore.
  • FY18 order book stands at almost Rs 8,000 crore.
  • Executed projects of national importance contributing to India’s infrastructure growth.

Essar Projects India (EPIL), a leading engineering procurement and construction (EPC) company, has completed and commissioned 10 projects worth Rs 2,862 crore in FY2016-17. Some of these projects are of national importance and make significant contribution to India’s infrastructure growth. The company has posted revenues of about Rs 2,000 crore in FY2017.

EPIL has executed critical activities in Indian Oil Corporation’s 15 MMTPA 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,” says  AV Amarnath, COO, Essar Projects, adding, “Last year, our focus was to finish projects at hand. The Indian market is poised for bigger opportunities given the government’s thrust on core infrastructure. EPIL is well placed to seize those opportunities. Our cost competitiveness, timely delivery and technology knowhow give us a distinct edge.”


FY17 revenues at about Rs 2,000 crore. FY18 order book stands at almost Rs 8,000 crore. Executed projects of national importance contributing to India’s infrastructure growth. Essar Projects India (EPIL), a leading engineering procurement and construction (EPC) company, has completed and commissioned 10 projects worth Rs 2,862 crore in FY2016-17. Some of these projects are of national importance and make significant contribution to India’s infrastructure growth. The company has posted revenues of about Rs 2,000 crore in FY2017. EPIL has executed critical activities in Indian Oil Corporation’s 15 MMTPA 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,” says  AV Amarnath, COO, Essar Projects, adding, “Last year, our focus was to finish projects at hand. The Indian market is poised for bigger opportunities given the government’s thrust on core infrastructure. EPIL is well placed to seize those opportunities. Our cost competitiveness, timely delivery and technology knowhow give us a distinct edge.”

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?