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India’s IVRCL wins project worth 8.37 bln rupees to build petro complex in Dahej

Posted by Yogesh on Monday, 2 June, 2008

MUMBAI (Thomson Financial) – IVRCL Infrastructures & Projects Ltd. (IVRCL), said it won a turnkey development contract worth 8.38 billion rupees to develop a petroleum complex for ONGC Petro Additions Ltd, a subsidiary of Oil & Natural Gas Corp. Ltd.

In a regulatory filing, the company said it will complete the project at Dahej in the western Indian state of Gujarat in 21 months and that UK-based Foster Wheeler is acting as consultant to the project. Source CNBC

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