Essar Projects wins over $62 mn contract in Papua New Guinea
Essar Projects Ltd, a part of Essar Capital’s technology and services portfolio, on Wednesday said its subsidiary Essar Projects PNG (EPPNG) has won a contract worth over $62 million from the national government of Papua New Guinea to construct a provincial headquarters and associated works in the Jiwaka province.
The contract was won via an international competitive bidding route following a stringent multi-stage short listing and approval process.
“We are very excited to execute the new order won by the team. It is a testament towards our commitment for creating world class infrastructure for the people of Papua New Guinea,” said Srinivas Karri, Project Head, EPPNG.
EPPNG has emerged as Papua New Guinea’s preferred partner for over a decade now for creating world class infrastructure and enjoys grand support from the local citizens as well.
Just last month, it completed the construction of the Bailey bridge on the Waghi river, providing a lifeline to about 6,000 residents in the region and making government services accessible to them as they were disconnected due to the collapse of the bridge.
The new contract includes setting up of a world class administrative headquarters for the province of Jiwaka, the youngest province in the country, established in 2012. It will be designed as an environment-friendly smart multi-storied building based on modernised traditional architectural principles of neighbouring countries of Australia and New Zealand and within PNG itself.
Other highlights being — setting up of modern water supply systems including a large reservoir and treatment plant, a sewerage treatment plant with latest technologies including pumping stations, construction of internal roads of up to 20 kilometres and drainage systems and horticulture across the development areas.