Jindal Saw (JSL) announced the receipt of Letter of Award (LOA) from Cairn Energy India (Cairn) for the supply of line pipes, tracer tube, insulation and bends for Barmer Salaya Pipe Line (BSPL) project of Cairn.
The value of the LOA is more than $200 million. With this order, the total order book of JSL exceeds $1 billion (approx. Rs 4000 crore).
The pipeline, weighing approximately 100,000 tonne, will be jointly owned by Cairn in partnership with Oil and Natural Gas Corporation (ONGC).
The pipeline will be used to transport heavy crude oil from oil fields in Mangala in North-west India to a terminal in Salaya, a distance of approximately 600 kilometer.
The company will execute this order from May, 2008 to December, 2008 and is scheduled to be completed by January, 2009.
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