The Indian Construction Industry in general faces a huge dichotomy, neither is it valued overseas, other than as a source of labour resources, nor is it valued at home, because of fragmentation and poor practices, and yet the potenÂtial is huge.
Tag: Essar Projects
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Insurance and pension funds are best suited for infra investments
Since infra projects are long term projects, Infrastructure Debt Fund (IDF) can bring in the big push in the sector as innovative means of credit enhancement is expected to provide long term, low cost debt, says D. V Prasad, Head-Finance, Essar Projects, in an interaction with Sumantra Das.
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Deepest platform to augment oil supply off-Mumbai
Essar Projects is completing ONGC’s D1 development project on a fast-track basis within 24 months on EPC by this month end.India’s farthest and deepest offshore platform is neaÂring completion on fast track,and is expected to go on-stream by the end of this month.
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Vox Pop: Procurement is now sophisticated, international
Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?
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Trenchless pipelines are not always a solution to land problems
Amit Gupta, CEO, Pipelines and Terminals, Essar Projects, says trenchless technology has only proved cost-effective selectively.
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Equipment: The sense in owning equipment
Essar Equipment Bank (EEB) has fleet of sophisticated equipment in the construction industry having latest technology equipment from renowned original equipment manufacturers worldwide in its global operations. The total fleet value of equipment is approximately US$ 400 Million, over 5,000+ in Numbers.
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Civil & Building: Towards substantial growth
Civil and Building works within EPL have formerly been carried out as part of other projects previously undertaken by EPL, particularly the mega projects. For example, within the Hazira project comprising steel plants, power stations, ports and jetties, factories etc,
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Ports and Jetties: Back with a Bang
As a company, Essar commenced its construction activity from ports and jetties way back in 1969; they started with the Chennai Port and slowly expanded into marine construction, and moved on to Mumbai in the late 1970s.
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Pipelines and terminals: Intelligent solutions in pipelines
Essar Pipelines and Terminals recently completed a 48-inch, 330 km high-pressure gas pipeline for GAIL, probably the longest large diameter pipeline that any contractor in India has done. The pipeline extends from Vijaipur in Madhya Pradesh to Dadri near Delhi.
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Steeled for Success
In 2010, India was the world's fifth largest producer of crude steel, with domestic production growing at a rate of 9.5 per cent between 2000 and 2010. Even in 2010, the steel sector witnessed steady growth and exceeded the pre-crisis level.