Petrochemical
Aarvi Encon bags Rs. 50 crore order from Bharat Oman Refineries
Company has received a contract of Rs. 10.47 crore annually for providing Management, Operations and Maintenance (O&M) Services for Bina Dispatch Terminal (BDT) of BORL, Bina, District Sagar,
- By ICN Bureau
| November 18, 2020
Aarvi Encon has won Bharat Oman Refineries Ltd (BORL), incorporated as a public limited company with equal participation of BPCL and OQ (formerly OOC), for a period of 5 years.
The company has received a contract of Rs. 10.47 crore annually for providing Management, Operations and Maintenance (O&M) Services for Bina Dispatch Terminal (BDT) of BORL, Bina, District Sagar, Madhya Pradesh, India. The contract is for a period of 5 years and the company will commence the work with effect from February 1, 2021.
The aforesaid contract price has been fixed for the first year and thereafter the contract prices from 2nd year onwards will be computed based on CPI and/or WPI Indices as per tender conditions. Total work order value will be more than Rs. 50 crore in 5 years.
Jaydev V Sanghavi, Executive Director & CFO, Aarvi Encon said, “It is certainly a testimony to the capabilities of Aarvi Encon to provide quality services for such projects. AARVI is proud to be associated with BORL and will ensure that its services shall be in complete satisfaction of our valued customer.”
With significant co-operation from the Government of Madhya Pradesh, BORL has set up a six million tonnes per annum grassroots petroleum refinery at Bina.
Aarvi Encon is one of the largest technical manpower staffing companies with more than 3,500+ engineers/technicians on its payroll. Aarvi is engaged in providing services to renewable, power, oil & gas, petrochemicals, refinery, infrastructure, LNG and tank terminals industries.
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