MoneyWorks4Me

Shriram EPC in JV bags order worth $107.76 million in Tanzania

27 Mar 2017 Evaluate

Shriram EPC (SEPC) has been awarded an overseas contract for an amount of $107.76 million to be executed in JV with Larsen & Toubro out of which SEPC share will be 25%. This engineering and procurement and construction order has been secured from the Ministry of Water & Irrigation United Republic of Tanzania for the extension of Water transmission pipeline from the Lake Victoria Water supply scheme to Tabora, Nzega and lgunga Towns (Package II).

The scope of work involves survey, design, procurement, construction and installation of pumping stations, rising and gravity/mainlines, elevated and ground level storage reservoirs, branch lines and distribution network and water kiosks for the creation of a comprehensive water supply and transmission pipeline to Tabora town and 33 other villages that are en route. This order win represents another big step forward for the company as it increases the scale of its international presence.

Shriram EPC is one of the leading  service providers  of the integrated designs, 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.

Peers
Company Name CMP
Larsen & Toubro 3870.95
Kalpataru Projects 1400.50
NCC 133.90
Rail Vikas Nigam 207.60
KEC International 396.00
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