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Joint Venture Company in Saudi Arabia
     
 

Tata Projects Limited entered into a Joint Venture agreement in Saudi Arabia with M/s Abdullah Ibrahim Al-Towaijiri & Partners Co. (Al- Mashrik Contracting Co.), Riyadh, a reputed and established contracting agency for execution of power, infrastructure and industrial projects in the Kingdom of Saudi Arabia.

The Joint Venture Company named Al-Tawleed Energy & Power Company was registered in Saudi Arabia as a
Limited Liability Company (LLC) on 19th February, 2006 with paid-up capital of 2 mn. Saudi Riyals. The local partner holds 70% of the equity and the balance 30% is held by Tata Projects Limited.

In April 2007, Al-Tawleed Engergy & Power Company signed its first contract with Siemens Power Generation Group for the installation of the electrical, mechanical and C&I work for the Power Plant for the 3 x 300 MW and a water desalination plant (800,000 cubic metres per day) for an independent Water and Power Plant (IWPP) being constructed at Shuaibah located 110 km south of Jeddah, to be completed in 24 months.

 
     
 
Acquisition of Artson Engineering Limited, Mumbai
     
 

Tata Projects Limited (TPL) acquired a majority stake of 75% in Artson Engineering Limited in Jan 2008.

AEL has successfully commissioned on turnkey basis, several fuel storage and handling facility systems and emerged as one of the foremost companies in the country which specialize in such systems. Its expertise has gradually expanded beyond the country and AEL has been executing prestigious overseas contracts also.

AEL has also developed its capabilities in multi disciplinary construction fields for the Hydrocarbon Process Industry and successfully executed many prestigious construction contracts such as FCCU, Double Walled Storage Tanks etc. in India & abroad. AEL is now one of the leading Design, Engineering, Procurement and Construction Companies in Petroleum Storage & Handling Systems.

The expertise of AEL would enhance the EPC business opportunities of TPL, especially in the Oil, Gas & Hydrocarbon Sector. This synergy is currently being demonstrated in the Project under execution, of a major Oil Terminal in the UAE.

 
     
 
Joint Venture between Engineers India Limited and Tata Projects Limited
     
 

Tata Projects Limited (TPL) and Engineers India Ltd (EIL) signed a Memorandum of Understanding (MoU) in July
2007 to incorporate a Joint Venture Company which would undertake Engineering, Procurement and Construction (EPC) projects in India and abroad. EIL is a leading engineering company in India providing consultancy and engineering procurement consultancy services to a broad range of industries which includes refineries, petrochemical industries, pipelines and metallurgical industries. The synergies of both companies would be leveraged for execution of EPC projects in the area of captive power plant generation sector upto 60 MW (Metal, Cement, Paper Industries & Cogen Plants) and special category high value EPC Projects in OGH viz. Grassroot Refineries, Petrochemical process units, Bottom upgradation process, HS crude processing facilities, Alumina Refinery projects, etc.
.
The Joint Venture Company named TEIL PROJECTS LIMITED was incorporated on 15th July, 2008 in Delhi as a
Public Limited Company.

 
     
 
JVC of TPL - TQA Quality Services (Pty) Limited
     

TPL Formed two Joint Ventures in South Africa & Mauritius, with TQA Quality Services Pty Ltd in April 2009 to provide Third Party Inspection Services for Eskom, SA.

 
     
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