SHRIRAM EPC SUBSIDIARY WINS Rs.75 CRORE ORDER FROM GAIL
Chennai, 28 July, 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, has announced that its subsidiary - Hamon Shriram Cottrell Pvt. Ltd (HSCL) has been awarded a contract amounting to Rs. 75 crore from the Gas Authority of India Ltd. (GAIL) for the construction of a Cooling Tower and Cooling Water Treatment Plant for the Pata petrochemical complex in Uttar Pradesh. The contract will be executed in 20 months.
HSCL specializes in the execution and construction of cooling towers and air pollution control systems and has positioned itself as one of the foremost suppliers in the business. It has been a pioneer in introducing new technology to the business and was responsible for the advent of fibreglass cooling towers in India. HSCL has also recently forayed into natural draft cooling towers. HSCL is a joint venture between Shriram EPC and the Hamon Group of Belgium.
Commenting on the contract, Mr. T. Shivaraman, Managing Director & CEO of Shriram EPC Limited, said, “This contract is another milestone for Hamon Shriram Cottrell as we aim to increase market share in the cooling tower solutions business in India. We are broadening our range of solutions to include air-cooled condensers and natural draft cooling towers amongst other products.
The opportunity for the business in India is vast as cooling towers serve to substantially decrease the operational costs of power plants. We expect power plant operators that aim to drive down costs to enlist HSC’s ability and expertise in the segment, which will contribute to Shriram EPC’s continued overall growth.
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.
1 comment:
Cooling Tower is a familiar name in industrial terminology. These are basically heat removal devises that transfers process waste heat and provides ambient and normal water circulation systems to the process industry. These towers are a pretty common and conspicuous sight in several heavy industries such as power, pharmaceutical, steel and other related sectors. Usually cooling towers are gigantic water circulatory systems in parabolic and conical shapes that transfer heat from the process by using thin film technology. As responsible manufacturers of these towers we spent enormous amounts of money and energy and brought revolutionary changes in the design, material and made these Towers in to more efficient and maintenance free systems. These revolutionary designs use Fiber reinforced plastics in designing and building Cooling Towers. In short these Cooling Towers are called FRP type Cooling Towers.@
http://www.premiercoolingtower.com/
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