Fernas Construction India Pvt. Ltd, subsidiary of Fernas Construction Company Inc based in Turkey, has signed an EPC contract with ONGC Petro Addition Ltd (OPaL), valued at Rs 1,900 crore.
The project has been awarded to Fernas by OPaL for integrated utilities and offsite packages for Dahej Petrochemical Complex, at Dahej Gujarat. The project completion schedule is 28 months, according to a statement issued by Fernas.
The contract was signed in the presence of Mr S. Jaipal Reddy, Minister of Petroleum and Natural Gas, and Mr Zafar Caglayan, Minister of State for External Trade of Turkey.
Recently, Fernas also bagged another EPC project valued at Rs 300 crore from Indian Oil Corporation and Engineers India Ltd for laying of pipelines and composite works for South Jetty Pipeline Project in Paradip. The scheduled duration for completion of this project is 15 months.
According to Fernas, the scope of work for both the projects includes project management, detailed design and engineering, procurement including supply, construction, commissioning, and performance testing.
Fernas recently executed the Dahej-Vijaipur gas pipeline for GAIL (India) Ltd, estimated at Rs 450 crore. The company would be bidding for road projects worth Rs 1,000- 2,000 crore in the coming months and is evaluating options to construct gas-based power plant in Jhabua, Madhya Pradesh.
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