Jindal Saw bags $200 mn order from Cairn

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Jindal Saw

New Delhi, Jan 29: Jindal Saw Ltd (JSL) today said it has received an order for more than 200 million dollars from Cairn Energy India.

''We have received the Letter of Award from Cairn Energy India Pty Ltd for supply of line pipes, tracer tube, insulation and bends for Barmer Salaya Pipe Line (BSPL) project of Cairn,'' said a company statement. With this, the total order book of the firm exceeds Rs 4,000 crore and are scheduled to be executed by January 2009.

JSL will execute Cairn's order from May 2008 to December 2008.

''This project involves supply of LSAW line pipes for world's longest underground pre-insulated heat traced pipeline to transport waxy and heavy crude, which otherwise solidifies at ambient temperature,'' the statement said.

JSL will manufacture and fabricate the pipes, while the insulating and jacketing work will be performed by Perma Pipes, subsidiary of MFRI Inc.

The pipeline will be jointly owned by Cairn in partnership with Oil and Natural Gas Corporation (ONGC).

The pipeline will be used to transport heavy crude oil from their oil fields in Mangala in northwest India to a terminal in Salaya.


UNI

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