New Delhi: Oil and Natural Gas Corporation
is investing Rs 2,380 crore in refurbishment of equipment at
its facilities in Assam.
"The Rs 2,380 crore contract has been given to Sairama
Megha Volgo consortium," Director (Onshore) A K Hazarika told
reporters here.
The investment is part of the Rs 4,608-crore Assam
Renewal Project involving comprehensive replacement and
expansion of equipment and facilities, drilling of hi-tech
wells and revamping of drilling rigs.
Hyderabad-based Sairama Engineering Enterprises, Megha
Engineering, in consortium with Russian company Volgo bagged
the contract for the Assam Renewal Project.
The prime objective of the project is to revamp, upgrade,
modernize, install real time process equipment at the
company's units at Lakwa, Lakhmani, Rudrasagar, Geleki and
Moran in Sibsagar District in the state.
PTI
First Published: Wednesday, December 16, 2009, 23:10