January 2021 \ Business & Investment \ Business and Governance
Essar project in Papua New Guinea

Essar Projects Ltd, a part of Essar Capital’s technology ...

Essar Projects Ltd, a part of Essar Capital’s technology and services portfolio, in December said its subsidiary Essar Projects PNG (EPPNG) has won a contract worth over $62 million from the national government of Papua New Guinea to construct a provincial headquarters and associated works in the Jiwaka province.

The contract was won via an international competitive bidding route following a stringent multi-stage short listing and approval process. “We are very excited to execute the new order won by the team. It is a testament towards our commitment for creating world class infrastructure for the people of Papua New Guinea,” said

Srinivas Karri, Project Head, EPPNG. EPPNG has emerged as Papua New Guinea’s preferred partner for over a decade now for creating world class infrastructure and enjoys grand support from the local citizens as well. Just last month, it completed the construction of the Bailey bridge on the Waghi river, providing a lifeline to about 6,000 residents in the region and making government services accessible to them as they were disconnected due to the collapse of the bridge. The new contract includes setting up of a world class administrative headquarters for the province of Jiwaka, the youngest province in the country established in 2012.

Tags: Essar

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