Chennai firm sets up 50 cr desal plants in Oman and Egypt
Chennai-based Shivsu Canadian clear international has become the first Indan company to install Rs 50 crore worth desalination water plants for Oman and Egypt Governments.
The work included design, manufacture, supply, construction and commissioning of the plants on a turnkey basis. The company is expecting more orders from the region. Two years ago, Shivsu had installed the world���s largest compact desalination plant costing Rs 250 crore in Saudi Arabia.
The Rs 30 crore plant in Egypt that converts sea water into drinking water, has an installed capacity of 20 million litre per day. It will benefit 10 lakh population.
In a release, the company said the Rs 20 crore Oman plant is for the country���s army and can supply three million litres of water per day. The two projects were completed on time and budget, it said.
Company director, Shivkumar Eashwaran said it won the order from the two Governments amidst competition from global players. Shivsu���s technology and shortest delivery time were the two important factors that tilted the scale in its favour.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.