Smart strategiser

01 Nov 2015 CW Team

Shiba Panda, Managing Director & CEO, Essar Projects, is driving the company to huge developments. Essar Projects jv with Italy麓s Saipem SpA has won a $1.57 billion order from Kuwait National Petroleum Company for setting up Al-Zour Refinery Project, Package-4, in the state of Kuwait, which is Kuwait麓s biggest development project with a crude processing capacity of 615,000 barrels per day (bpd). Panda, with his arm of excellence, has been leading the global EPC company and this is Essar麓s biggest third-party order won in the region. Panda is no wrong in believing that this mega order win is a testimony to the company麓s project management capabilities, built over the years and also signals a quantum growth in Essar麓s overseas business. Indeed, Panda麓s strategy has swelled Essar Project麓s order book to $2.8 billion, with projects executed in nine countries.

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