Simon India Ltd (SIL), an Adventz Group Company and a wholly owned subsidiary of Zuari Global Ltd, has bagged a contract of Rs 370 crore from Mundra LPG Terminal Pvt Ltd of the Adani Ports & SEZ Ltd (Adani). This contract is to provide engineering, procurement and construction (EPC) services for Adani Mundra’s LPG Terminal at Mundra Port in Gujarat.
The contract covers extended basic engineering, detailed engineering, procurement, supply, transportation and installation, among others. For specialised procurement and fabrication work, SIL will synergise with Texmaco Rail & Engineering Ltd (TREL), another Adventz Group company, for timely and qualitative project delivery. The Mundra Port project involves around 4,600 MT of steel fabrication.
Construction work on the new terminal will commence in June2017 and will be completed by November 2018. The terminal will have a total capacity of 3.56 million metric tonne per annum.
Rakesh Verma, CEO, SIL, stated, “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. 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 and gas sector also.”