Asian Energy Services Limited has secured a Rs 187.62 Crores EPC contract (including GST) from Gujarat State Electricity Corporation Limited (GSECL) for enhancement of a coal handling plant in Ukai Gujarat. The project marks a strategic milestone for the company as its first major order outside Coal India and its subsidiaries and associates. It signals a diversification of its client base and a strong entry into state utility-led infrastructure projects. The project involves capacity enhancement of the Coal Handling Plant (Stage-II) at the Ukai Thermal Power Station in Gujarat. The project is being executed on a lumpsum EPC basis, and the scope covers end-to-end engineering, procurement, construction, and commissioning, which will take place over 2-3 years.
Dr. Kapil Garg, Managing Director, Asian Energy Services Limited, said, “Asian Energy is delighted to have won this project, which will involve upgrading the coal handling plant capacity of Ukai Thermal Power Station. The project expands our order book in the mineral infrastructure vertical and adds to our revenue visibility for the next 2 years. All our projects thus far have been for Coal India and its subsidiaries & associates, and working on this project reflects our successful efforts towards acquiring new customers for our service offerings.”