Essar Projects bags $62 million deal from Papua New Guinea government
December 23, 2020
× Essar Projects, a part of Essar Capital’s technology and services portfolio said that its subsidiary Essar Projects PNG (EPPNG) has won a contract worth $62 million to construct a provincial headquarters and associated works from the Papua New Guinea government. .
Essar bagged this project in the Jiwaka province through an international competitive bidding route following a stringent multi-stage shortlisting and approval process, the company said. “It is a testament towards our commitment for creating a world-class infrastructure for the people of Papua New Guinea,” said Srinivas Karri, Project Head, EPPNG. The new contract includes setting up a world-class administrative headquarters of Jiwaka, the country’s youngest province, established in 2012. It will be designed as an environmentally friendly smart multi-storied building based on modernised traditional architectural principl
Synopsis
The contract was won via an international competitive bidding route following a stringent multi-stage short listing and approval process, it said.
New Delhi: Essar Projects on Wednesday said it has won a contract worth over USD 62 million (around Rs 456 crore) from the government of Papua Guinea.
The project pertains to construction of provincial headquarters in the Jiwaka province. Essar Projects Ltd, a part of Essar Capital s technology and services portfolio.said its subsidiary Essar Projects PNG (EPPNG) has won a contract worth over USD 62 million from the national government of Papua New Guinea to construct a provincial headquarters and associated works in the Jiwaka province, the company said in a statement.
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Essar Projects Completes Construction Of Bailey Bridge In Papua New Guinea
In Papua New Guinea, Essar Projects has established its position as a prominent EPC player by executing challenging projects such as Komo Airport, Kapal Haus Provincial Headquarters, Jimi High Altitude Road, Mugmamp Bridge, only to name few.
Photo Credit : Reuters
Essar Projects PNG (EPPNG) today said it had completed construction of the Bailey bridge on the Waghi River in Anglimp South Waghi district of Jiwaka Province in Papua New Guinea, thus providing a lifeline to about 6,000 residents of Mugmamp who will now be able to access basic government services.