Published On:July 23 2016
Story Viewed 3526 Times
IFFCO awards Rs. 300-crore contract to Essar Projects for fertiliser unit.
Indian Farmers Fertilizer Cooperative (IFFCO) has awarded a Rs 300-crore contract to Essar Projects, an engineering procurement & construction (EPC) company, for construction of a new phospho gypsum stack at IFFCO’s Paradip unit in Odisha, which is India’s largest phosphatic fertiliser complex. This is Essar Projects’ fourth major contract from the Indian fertiliser industry giant.
The project will be completed in two phases. Phase I, valued at about Rs 190 crore, involves completion of approximately 60 percent of the total construction and must be completed in 20 months. The second phase involves construction of the remaining 40 percent and will have to be completed in 10 months.
Until date, the company has, completed three major projects for IFFCO Paradip, handing them over well ahead of the scheduled date of completion.
AV Amarnath, COO, Essar Projects, commented, “The fact that this is our fourth major back-to-back project with IFFCO, is a reflection of the customer’s confidence in our capabilities. We are pleased to say that we have already delivered some key works of the current contract that had to be completed before the onset of the monsoon.”
Essar Projects’ previous contracts for IFFCO includes construction and commissioning of two 2500 MT DAP / NAP silo, revamping of an existing sulphur silo, and EPC & commissioning of the eighth evaporator system of the phosphoric acid plant (PAP) at the IFFCO Paradip complex.
Essar Projects has been involved in building mega fertiliser projects. It has the distinction of executing India’s first greenfield fertiliser project in recent times, the Matix Fertilizers plant, in Durgapur, West Bengal. The Matix Fertilizers complex is also the largest integrated fertiliser plant in India.