Pipe maker PSL bagged a contract worth Rs 1.25 billion for the supply of coated line pipes and long radius bends for the 200 km Dullajan Numaligarh Pipeline in Assam. The company will supply 16 inch diameter bare/coated pipes entirety from its state-of-the-art two-step mill in Varsana, Kandla, Gujarat by Mid 2008. The above order from the government of Assam substantiates the company`s firm hold in the globally tendered domestic pipeline supply segment as it has secured this project among competition from both international and domestic supplies, said PSL in a release. With the present order in hand the company has bagged eighth successful order in domestic oil and gas industry pipeline tenders.
Source: Myiris.com
20th December, 2007