PSL secures $ 21mln Reliance Industries' contract

New Delhi, Mar 14 (UNI) PSL Ltd, steel pipe manufacturer, today bagged a 21 million dollar contract from Reliance Industries (RIL) for a gas field in the Krishna-Godavari basin.

The scope of responsibilities for the company, to be implemented at KG-DNN-98/3 gas field, includes the design, engineering, supply and installation of sacrificial anodes, fabrication and coating of induction bends, and other allied works like fabrication of spools at Kakinada.

''The gas find being developed by RIL lies in water depths ranging from 400 meters in the northwest to over 2,000 meters in the South east, and requires very special anti-corrosion and offshore concrete weight coating,'' company Director D N Sehgal said. The work is to be carried out with an extremely tight schedule demanding high levels of technical competence, he added.

The company has onshore and offshore pipe coating yards at Kakinada in addition to the existing API-certified pipe mills and coating yards at Vizag.

PSL, as subcontractors for Leighton of Malaysia, is also carrying out SPM Projects from its pipe coating yard at Kandla for offshore pipe coating work in support of the Reliance Jamnagar Project, Mr Sehgal added.

The KG basin pipeline order at Vizag and Kakinada will offer total pipe solutions and is being carried out simultaneously along with the SPM Project at Kandla.

UNI