Konstelec Engineers Limited has announced a new contract award worth Rs 17.85 crore (basic price) from Petronet LNG Limited. The project entails site-enabling works for the PDH PP Plant with Ethane and Propane Storage and Handling Facilities at Dahej, Gujarat.
Key details of the contract:
- Awarding Entity: Petronet LNG Limited, a domestic entity.
- Scope: Site enabling works.
- Timeline: The project is to be completed within nine months from the Letter of Award (LOA) issued on December 28, 2024.
- Value: Rs 17.85 crore (basic price).
- Interest and Related Party Transactions: Neither the promoter group nor any related parties have any interest in this contract, ensuring compliance with arm’s length principles.
Konstelec Engineers highlighted its commitment to timely and quality project execution, strengthening its position in the engineering and EPC services domain. The company expects the project to significantly enhance its portfolio and operational capabilities.
