EIL bags multiple EPC projects worth Rs. 579 crores
By: ICN Bureau
Last updated : November 17, 2020 1:57 pm
Consultancy led projects include 500 KTA PDH-PP Project for GAIL India, project management consultancy services for installation of ERL Unit-2 for Bangladesh Petroleum Corporation & Dhamra - Haldia pipeline project for GAIL India; and Coker block for Resid-upgradation project for Chennai Petroleum Corporation
Engineers India Limited (EIL), a leading global engineering consultancy and EPC company, has bagged multiple consultancy projects.
The company has bagged EPCM consultancy services for 500 KTA PDH-PP Project for GAIL India Limited for Rs. 448.5 crore; Project management consultancy services for installation of ERL Unit-2 for Bangladesh Petroleum Corporation for Rs. 86.7 crore; Project management consultancy services for Dhamra - Haldia pipeline project for GAIL India Limited for Rs. 31.7 crore; and Coker block for Resid-upgradation project for Chennai Petroleum Corporation Limited (CPCL) for Rs. 12.9 crore.
EIL's Q2 FY 20-21 income was down by 6.66% to reach Rs. 736.67 crore whereas profit was down by 20.56% to reach Rs. 99.62 crore. In terms of income break-up, consultancy contributed Rs. 345.24 crore whereas turnkey contributed Rs. 338.17 crore. In terms of income break-up, consultancy contributed 51% and turnkey 49%.