Steamhouse India has secured an engineering, procurement and construction (EPC) contract worth Rs 311 crore (inclusive of GST) from Himachal Pradesh Bulk Drug Park Infrastructure. The contract is for EPC, commissioning and comprehensive operation & maintenance (O&M) of the Common Steam Plant and Co-generation Power Plant at the Bulk Drug Park, Una, Himachal Pradesh.
The engineering, procurement and construction are to be completed within 24 months from commencement of the project, subject to applicable contractual conditions. The contract includes O&M for a period of 25 years following completion/ commissioning of the project, subject to the terms of the definitive agreement.
The project provides for an initial subsidised period followed by a revenue - sharing mechanism. As per the project framework, the revenue-sharing period is envisaged from April 2032 to March 2052, subject to the applicable contractual terms and conditions.
Steamhouse India provides industrial consumable steam through a network of pipelines, eliminating the need for individual boilers in industries. The Company employs advanced technology for monitoring steam quality, pressure, and temperature to ensure optimal performance.
