The Saline Water Conversion Corporation of Saudi Arabia has awarded a contract for supply of bare line pipe to PSL FZE, Hamriyah, the Sharjah based subsidiary of PSL Ltd, India, for a value of Saudi Riyals 298.6 million, approximately $80 million.
The contract was signed on March 16 by Saudi Water and Electricity Minister Abdullah Al- Hussayen and D.N. Sehgal of PSL Ltd in Riyadh.
The project comprises construction of a water transmission system from Ras Azour in the eastern province to Hafr Al- Baten in the central system, constituting API 5L Grade X-65, 44- inch diameter pipes for a total length exceeding 350 km.
Ashok Punj, Managing Director, PSL, confirmed that with this order from SWCC, the installed capacity of the pipe mill at PSL FZE, Hamriyah, would be fully utilised from April 2011 to May 2012. Resources at PSL FZE, Hamriyah, are further being added to establish another pipe mill of capacity 75,000 tpa (totalling 150,000 tpa), and the installation of second mill is in advanced stages of completion.
Another offer, approximately valued at $200 million, for a water transmission pipeline project to supply over 600 km of pipe, as submitted by PSL Ltd and PSL FZE, Hamriyah, as consortium partners, is also under active evaluation, Punj added.
Each pipe for this particular application will be 18 metres in length, and such piping applications have a very large market potential within the rapidly developing water sector in the Middle East. PSL's Sharjah facility will be fulfilling the entire requirement of the present order, and is fully geared to meet this upcoming demand.
Source: http://www.projectsmonitor.com/WATTREAT/psl-secures-major-contract-for-water-system-in-saudi
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The contract was signed on March 16 by Saudi Water and Electricity Minister Abdullah Al- Hussayen and D.N. Sehgal of PSL Ltd in Riyadh.
The project comprises construction of a water transmission system from Ras Azour in the eastern province to Hafr Al- Baten in the central system, constituting API 5L Grade X-65, 44- inch diameter pipes for a total length exceeding 350 km.
Ashok Punj, Managing Director, PSL, confirmed that with this order from SWCC, the installed capacity of the pipe mill at PSL FZE, Hamriyah, would be fully utilised from April 2011 to May 2012. Resources at PSL FZE, Hamriyah, are further being added to establish another pipe mill of capacity 75,000 tpa (totalling 150,000 tpa), and the installation of second mill is in advanced stages of completion.
Another offer, approximately valued at $200 million, for a water transmission pipeline project to supply over 600 km of pipe, as submitted by PSL Ltd and PSL FZE, Hamriyah, as consortium partners, is also under active evaluation, Punj added.
Each pipe for this particular application will be 18 metres in length, and such piping applications have a very large market potential within the rapidly developing water sector in the Middle East. PSL's Sharjah facility will be fulfilling the entire requirement of the present order, and is fully geared to meet this upcoming demand.
Source: http://www.projectsmonitor.com/WATTREAT/psl-secures-major-contract-for-water-system-in-saudi
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