Fabtech bags BPCL order worth Rs 103 crore

Pune-based Fabtech Projects and Engineers has bagged an LPG mounded storage vessels order worth Rs 103 crore from Bharat Petroleum Corporation Ltd (BPCL). 

Fabtech will install these storage vessels at 12 BPCL sites across the country. This order is considered to be crucial as the oil and gas industry in India is expected to install LPG mounded storage vessles worth Rs 1,000 crore over next two years. 

Fabtech has already executed eighteen different mounded bullet projects for various oil companies in the country. The company is also executing a mounded storage system project worth Rs 120 crore for Hindustan Petroleum Corporation Ltd at Visakhapatnam.