Mumbai, May 6 : PSL Ltd, a key enabler for infrastructure and construction projects, engaged in various types of pipe coating and pipe manufacturing, has emerged as the lowest bidders in GAIL's 'Dahej Uran Pipeline Project' (DUPL II) tender, for supply of coated pipes valued at Rs 181 crore.
Announcing this, the company said this is the second successive time that PSL has received an order from GAIL's gas pipeline tender for its Dahej to Uran Pipeline Project.
In Dec 2005, PSL was the lowest bidder and secured order for 197 Kms of 30'' diameter pipes for the DUPL. Subsequently, a part of the requirement for that pipeline was re-tendered and the above tender is for the re-tendered quantity of 164 Kms of 30'' diameter pipes that PSL will now make for GAIL.
This bid has been estimated as the lowest by a comfortable margin of 15 per cent approximately amongst all the other bidders.