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Indian Oil Corporation (IOC) roped in Dubai-based engineering firm Essar Projects to implement process safety related improvements at its terminals and depots across the country.However, the value of the contract is not known.
According to the contract, Essar Projects is responsible for basic and detailed design and project management relating to implementation of various HSE requirements in 109 POL terminals or depots of IOC across the country.
The project is expected to be completed within 24 months.
In an official statement, Essar Projects said it would execute this project on a fast track mode and show-case its engineering and project management capabilities.