Asian Energy Wins Rs 187.62 Crore GSECL Contract for Ukai Thermal Power Station

Surat: Asian Energy Services Limited today announced that it has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation Limited (GSECL) for the enhancement of a coal handling plant in Ukai.

The project involves capacity enhancement of the Coal Handling Plant (Stage-II) at the Ukai Thermal Power Station in Gujarat. The project is being executed on a lump-sum EPC basis, and the scope covers end-to-end engineering, procurement, construction, and commissioning, which will take place over two to three years.

Dr. Kapil Garg, Managing Director, Asian Energy Services Limited, said, “Asian Energy is delighted to have won this project, which will involve upgrading the coal handling plant capacity of Ukai Thermal Power Station. The project expands our order book in the mineral infrastructure vertical and adds to our revenue visibility for the next two years. All our projects thus far have been for Coal India and its subsidiaries and associates, and working on this project reflects our successful efforts towards acquiring new customers for our service offerings.”

As per the company, this is its first major order outside Coal India and its subsidiaries and associates.

Asian Energy, under its mineral infrastructure vertical, is engaged in the development of several coal handling systems, with multiple projects across Coal India subsidiaries, including MCL, ECL, CCL and SECL, as well as The Singareni Collieries Company Limited in Telangana. DeshGujarat