MoneyWorks4Me

Praj Industries has bagged Rs 235 crore order for oil and gas process skids for Petrobras, a multinational Fortune 500 Oil and Gas corporation based out of Brazil. 

QGIT, the main contractor for the Petrobras project in Brazil, has awarded the order for skids on Praj. In this project, Praj will provide detailed engineering, procurement, manufacturing of skids alongwith all related equipment. The weight of individual skids range from 50 to 150 tonnes. Some of the units will be large, multi-storied skids. Praj will manufacture these process skids as per ASME and Brazilian code requirements at its SEZ, Kandla units in Gujarat, India.

Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.

Peers
Company Name CMP
Bharat Heavy Elect. 426.25
Thermax 3475.00
Kirloskar Industries 3682.35
Skipper 561.50
INDO-MIM 1231.70
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