Artson to supply storage tanks to Indian Oil worth Rs. 109.89 crore
Petrochemical

Artson to supply storage tanks to Indian Oil worth Rs. 109.89 crore

The order is related to design, supply, fabrication, testing and commissioning of storage tanks for IOCL's Paradeep refinery

  • By Pravin Prashant | November 14, 2020
Artson Engineering Limited (AEL) has received a Fax of Acceptance (FOA) for Rs. 109.89 crores from Indian Oil Corporation Limited (IOCL) for design, supply, fabrication, testing and commissioning of storage tanks including associated works on LSTK basis at Paradeep refinery, Odisha, India.
 
Established in 1978, the majority stakes in company were taken over by Tata Projects Ltd (TPL), in the year 2007 and has remained as subsidiary to TPL since then. 
 
AEL is an engineering, manufacturing and construction (EMC) contracting company based in Hyderabad with a diversified range of business in pressure equipment manufacturing for Oil and Gas, petrochemicals, power, metallurgy Industry, construction of bulk liquid storage farms, industrial piping, structure fabrication, ship construction, maintenance and other industrial services.
 
Artson Engineering Ltd is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in Refineries. AEL possesses expertise in equipment manufacturing and structural fabrication. 
 
The company has manufacturing facility based in Nasik where it manufactures high quality/ certified pressure vessels, columns, heat exchangers and other process equipment. In addition to its Nasik manufacturing facility, AEL fabrication unit located in Nagpur also caters to client’s requirement efficiently. The combined manufacturing capability of the company is over 15,000 ton per year.
 
The company is also engaged in multidisciplinary engineering activities.Their core competency are Engineering, Procurement, Construction (EPC) Contracts,Construction Contracts & Manufacturing Division
 

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