Lloyds Engineering Works, in consortium with Primetals Technologies India and Primetals Technologies Austria GmbH, has secured Letter of Acceptance (LoA) from Steel Authority of India (SAIL) IISCO Steel Plant. The LoA is for the design and execution of a 4.2 mntpa Pellet Plant Complex at SAIL’s IISCO Steel Plant in Burnpur, West Bengal. Under this consortium arrangement, the company will be responsible for detailed design and engineering and will also contribute to the supply some of critical process equipment and systems for the project.
As the LoA has been secured in consortium, the total value of the contract is around Rs 613 crore (Indian portion) plus 18.26 million euros (European portion). The project is scheduled to be completed within 39 months. In the coming months, the company intends to further deepen these alliances and explore new partnerships aimed at converting such collaborations into additional high-value engineering and manufacturing projects.
Lloyds Engineering Works (formerly known as Lloyds Steels Industries) is a designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects.
