India: Engineering company Essar Projects has won a US$44.7m contract from the Indian Farmers Fertilizer Co-operative (IFFCO) to build a phosphogypsum stack at its Paradip plant in Odisha, India's largest phosphatic fertiliser complex.
The project has two phases. Phase I, which is valued at about US$28m, involves completion of approximately 60% of the total construction and must be completed in 20 months. The second phase involves construction of the remaining 40% and will have to be completed in 10 months. Essar Projects has completed three projects for IFFCO Paradip to date.
"The fact that this is our fourth major back-to-back project with IFFCO, is a reflection of the customer's confidence in our capabilities. We are pleased to say that we have already delivered some key works of the current contract that had to be completed before the onset of the monsoon," said AV Amarnath, COO, Essar Projects.
