Shriram EPC a leading service provider of integrated design, engineering, procurement, construction and project management services for power plants, renewable energy projects and manufacturer of wind turbine generators, has been awarded an order form an Australian company which is in partnership with a leading investment bank in the USA.

The order win, in consortium with Chemie Tech of the UAE, pertains to setting up a 75 million litre diesel tank storage facility in the Port of Mackay in Queensland, Australia and is scheduled to be completed within 13 months from commencement. The consortium has also signed and MOU with the client for more such facilities in Australia.

Commenting on the order win, Mr T Shivaraman MD & CEO of Shriram EPC said that “We are pleased to announce this international order win in consortium with Chemie Tech, a well established EPC contracts & project management services company in UAE. We are confident of our will help to augment our track record in liquid fuel storage facilities. The momentum in order flows continues unabated and our current order backlog keeps our prospects bright despites the moderation in operating environment. We are heartened that out emerging vertical like thermal power and material handling are also contributing to the momentum in order wins.”

(Sourced from IRIS)