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Our Bureau

New Delhi , June 16

ENGINEERS India Ltd (EIL) is planning to enter the Bharti Enterprises-Changi Airport consortium for bidding to develop Delhi and Mumbai airports.

"While Bharti and Changi will be equity investors in the project, two other partners will be involved - one for construction and the other as project management consultant. Larsen & Toubro will be the construction partner and we will be the Project Management Consultant (PMC) contractor," said Mr M.K. Dalal, Chairman and Managing Director of EIL.

EIL, in consortium with CPG Singapore, has already won the contract for designing the international terminal at Ahmedabad airport.

The company has also tied up with Airports Authority of India and is likely to secure an assignment relating to feasibility study for the Pune-Chakan airport of Maharashtra Industrial Development Corp (MIDC).

"Airports are a promising sector with substantial business prospects even as we venture overseas to secure refinery upgradation and pipeline construction jobs," Mr Dalal said.

EIL is bidding with IOC for revamp of two refineries in Iran and one each in Sudan, Libya and Nigeria.

It is also considering setting up a joint venture company in Algeria for providing engineering consultancy services as well as taking up projects on a turnkey basis.

"We are planning to open an office in Iran, which we estimate will give provide of the Rs 160-crore overseas business we expect in 2004-05," Mr Dalal said. "Overseas business secured in 2003-04 was $27.13 million."

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