Fernas Indian arm bags Rs 300-cr order

PTI Updated - March 22, 2011 at 06:11 PM.

Ankara-based Fernas group’s Indian unit on Tuesday said it has bagged a Rs 300 crore order from Indian Oil Corp and Engineers India Ltd.

“Apart from the current execution of a Rs 450-crore order from GAIL, Fernas Construction India Pvt Ltd, Indian subsidiary of Fernas Construction Company Inc, Turkey, has recently bagged one major engineering procurement construction project in Paradip, Orissa of Rs 300 crores,” the company said in a statement here.

The EPC work relates to laying of pipelines and composite works for south jetty pipeline project.

The company has successfully executed mega EPC projects all over the world and is currently also executing a 48-inch 365 km long pipeline for transporting natural gas in central India, Fernas Construction India CEO Mr Rohit Singhal said.

Published on March 22, 2011 12:41