Page 12 - CONSTRUCTION VISION July August 2017 issue

Mundra LPG Terminal project will help them compensation of 12.67 crore. The land is
Simon India Bags Rs. 370 Cr in contributing to India's self-reliance in Oil being acquired for the extension and six-
Mundra Port EPC Contract & Gas sector also, added Verma. laning of the Ahmedabad-Vadodara
Highway on NH-8.
Simon India (SIL), an Adventz Group SIL is a renowned EPC company with a The transfer of land to NHAl is likely to
company has bagged a Rs 370 crore proven track record of more than 17 years. benefit the region, leading to enhanced
contract from Mundra LPG Terminal Pvt Ltd It has executed various large-scale EPC opportunities for growth and development in
of the Adani Ports and SEZ to provide projects for sectors including Petroleum terms of infrastructure, transport,
Engineering, Procurement and Construction Refinery, Petrochemical, Oil & Natural Gas, communication, employment generation etc,
(EPC) services at its Mundra port in Gujarat. Fertiliser and Chemical, Power and Cement an official release said.
in India and Overseas. The Cabinet Committee on Economic
Under the contract, SIL will provide Affairs (CCEA) also approved the
extended basic and detailed engineering, Adani Management expressed its development of four-laning from end of
procurement, supply, transportation and confidence in Simon India and Adventz Pandoh Bypass to Takoli section of NH-21
installation services, among others. group for successful completion of this in Himachal Pradesh. The roughly 19-km
prestigious project and wished them for road is estimated to cost 2,775.93 crore,
For specialised procurement and fabrication future endeavors. including expenses for land acquisition,
work, SIL will synergise with Texmaco Rail resettlement and rehabilitation, and other
pre-construction activities. The work will be
and Engineering (TREL), another Adventz
done under National Highways
Group company, for timely delivery at the
NHAI to pick up 4.64 hectare Development Project phase IV B on hybrid
port, which involves around 4600 MT of
for ₹12.67 crore to extend annuity mode.
steel fabrication, the company said.
Ahmedabad-Vadodara
Construction work on the new terminal will highway The Cabinet gave ex-post facto approval to
the agreement between India and Cyprus
commence in June 2017 and will be
completed by November 2018. The terminal The Union Cabinet recently approved a on merchant shipping, signed in April 2017.
proposal to transfer 4.64 hectares of land The agreement will pave the way for
will have a total capacity of 3.56 million
metric tons per annum.

It will comprise marine unloading arms, flare
package, bog and flash gas compressors,
in-tank pumps, process equipment, truck
loading arms and gantry, boiler, utility and
auxiliary systems, civil and structural work,
electrical systems apart from state of art
control systems.

CEO SIL, Rakesh Verma said that this
agreement is in line with their strategic
goals. They will combine their engineering
acumen with project-and-risk-management
expertise to provide complete solutions to
Adani.

Adding to this he said that Adventz Group is
well diversified group operating in multiple belonging to the Indian Institute of Soil & cooperation in eliminating any hindrances
areas, representing the fundamental drivers Water Conservation Research Centre at which may hamper the development of sea
of the Indian economy such as agri Vasad in Gujarat`s Anand district, to the trade between the two nations. The MoU
products, heavy engineering, lifestyle National Highways Authority of India (NHAI). will also encourage participation in the
products, real estate and infrastructure. The Institute, under the Indian Council of transport of goods between the countries,
Agricultural Research, will be paid a and also from third countries.

10 CONSTRUCTION VISION
JULY-AUGUST 2017