KEC sees civil works opportunity in oil & gas sector in absence of IL&FS

To test the waters, Kejriwal says they'll bid for smaller projects worth Rs 50-250 crore

Amritha Pillay  |  Mumbai 

With the central government’s thrust on developing a gas-based economy, engineering company KEC International is aiming to tap civil work opportunities in the oil and gas segment. “We are looking at the sector, which will include projects like tankages, related infrastructure and pipelines,” said Vimal Kejriwal, managing director. Union petroleum minister Dharmendra Pradhan said in December that the country was moving to a gas-based economy.

He put the investment planned for developing gas-based infrastructure at $60 billion (Rs 4.3 trillion). Kejriwal sees this as an ...

First Published: Wed, February 12 2020. 21:12 IST