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Asian Energy Services JV wins Rs 148 crore contract from Singareni Collieries Company
Mining - Jun 19,2024 -Asian Energy Services along with its joint venture partner Indwell has been awarded an order for Design, Supply, Erection & Commissioning and Trial Run etc for Coal Evacuation System by Belt Conveyors at PKOCP, Manuguru Area of The Singareni Collieries Company (SCCL).
The total contract value is Rs 148 crore and the order will be executed over a span of 18 months.
Kapil Garg, Managing Director, Asian Energy Services Limited said, "We are delighted to announce that we have won another contract valued at ~Rs 148 crore in the coal segment. This marks our second order secured with SCCL, highlighting not only the confidence major players place in us but also our capability to consistently win repeat business from our clients. This achievement underscores our optimistic outlook on the abundant opportunities within the mineral sector, particularly in coal. It stands as a testament to our strategic shift from solely focusing on seismic services to embracing a more diversified approach. We are enthusiastic about the promising prospects that lie ahead in the mineral industry."
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