April 26, 2024 04:13 (IST)
Follow us:
Essar Steel bags major order from Gujarat govt
Mumbai, June 16 (IBNS): Essar Steel on Monday announced that it has bagged an order for the supply of pipes for one of the most prestigious projects of the Gujarat Government for water management, Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana.
Under this programme, the water of Narmada will be distributed to 115 reservoirs across seven districts of Saurashtra through four link pipelines benefitting 10,22,589 acres.
This project is estimated to cost Rs. 10,800 crore.
Of the 5.86 lakh tonnes of pipes required for the project, Essar Steel will supply 1.2 lakh tonnes of HSAW (Helical Submerged Arc Welding) pipes, which are 12-m long and 120 inches in diameter.
The order will be executed over a period of one year. Essar Steel has an annual production capacity of 2.75 lakh tonnes of HSAW pipes.
Commenting on the recent order, Harjit S. Bedi, CEO, Essar Pipe Mill said, “We are very happy to be associated with the SAUNI project of the Gujarat Government. It is clearly a reflection of Essar Steel’s integrated capability to produce world-class pipes in India. We have an excellent track record in supplying water pipes to many projects in India.”
Essar Steel’s pipe mill has an annual production capacity of 0.6 million tonnes of which 3.25 lakh tonne is LSAW pipes and 2.75 lakh tonne is HSAW pipes. The plant is backed by a steel plant ensuring quality steel for making pipes.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr Thu, Apr 25 2024
Swiggy gets shareholders' nod for $ 1.2 billion IPO Thu, Apr 25 2024
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr Thu, Apr 25 2024
Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI Thu, Apr 25 2024
Mahindra Tractors crosses milestone by selling 40 lakh tractor units Thu, Apr 25 2024
DishTV India expects to touch 30 percent market share at the end of current financial year, says CEO Manoj Dobhal Thu, Apr 25 2024
DCB Bank Q4FY24: PAT grows YoY 9% to Rs 156 cr Wed, Apr 24 2024