India’s IL&FS wins $82mn Fujairah project
Contract is for the construction of a storage tank terminal in the East Coast emirate
IL&FS will build 15 storage tanks in Fujairah in a $82mn contract.
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India’s IL&FS Engineering and Construction Company, has received a Letter of Intent from IL&FS Prime Terminals FZC for a $82.76mn project in the UAE emirate of Fujairah.
The contract is for the construction of a storage tank terminal and is on an Engineering, Procurement and Construction (EPC) basis. It will consist of the construction of 15 storage tanks, having a total storage capacity of 0.85 million tons.
The scheduled project completion time is seventeen months from the commencement date.
Based in Hyderabad, India, the company is a infrastructure development, construction and project management company. It has worked on a number of major projects across India, including airports, seaports, rail and rail based systems.
