Ion Exchange informed exchanges that the company received a contract worth approximately Rs 168 crores from Technimont SpA, Italy, for De-Oiling, Demineralization, and Condensate Poly Unit Packages for ADNOC’s Hail and Ghasha Development Project in the United Arab Emirates. The projects are to be completed within 61 weeks from Project Award dates.
Here are the key details of the contract:
- Total Contract Value: Approx. Rs 168 cr
- Awarding Entity: Tecnimont SpA, Italy
- Nature of Order: De-Oiling Packagem, Dimeneralisation Package and Condensate Poly Unit Package
- Domestic or International: International entity
- Execution Timeframe: Within 61 weeks from Project Award dates
Ion Exchange was established in 1964 as a subsidiary of the Permutit Company of the United Kingdom and became a wholly Indian company in 1985 when Permutit divested its holding. The company has a lot of experience that has enabled it to become a leading provider of solutions over the years. It is one of the few in the world that offers a complete range of solutions for solid waste management, water treatment, wastewater treatment and waste to energy.
