GBL Infra Engineering Services Private Limited (GBL IES), a wholly-owned subsidiary of Ganesh Benzoplast Limited (GBL), announces the receipt of its first prominent order worth Rs. 12.23 crore, from ANA Oleo Pvt Ltd to build Sixty (60) Liquid Storage tanks to be completed within 9 months, for their Edible Oil Refinery project at Krishnapatnam Port, Andhra Pradesh.
ANA Oleo Pvt Ltd, part of ANA Oils – a joint venture between APICAL (USD 25bn Group RGE Enterprise) & ACALPO (Singapore-based global commodity group), has entrusted the entire project with GBL IES placing them among top developers of liquid storage tanks across Indian ports.
Leveraging on GBL’s expertise to build storage tank terminals and pipelines for port connectivity, GBL IES now finds itself in the epicenter of Krishnapatnam’s expansion. The port is looking at an ambitious growth plan, entailing USD 2bn worth of investment. Not only does this open door to Phase II of the project (structural & piping works), but also introduces GBL, to opportunities at the Eastern Ports of India for new projects and establishing permanent pipeline connectivity across the country, from the port jetty to the refinery plant, marking GBL as a key player in the liquid storage EPC field.