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Steamhouse India Secures Rs 311 Crore EPC Mandate for Himachal Steam Project
M
Moneycontrol•27-09-2026, 21:33
Steamhouse India Secures Rs 311 Crore EPC Mandate for Himachal Steam Project
- •Steamhouse India Ltd won a Rs 311 crore EPC mandate for a 300 TPH common steam and co-generation power plant at the Bulk Drug Park in Una, Himachal Pradesh.
- •The mandate includes commissioning and 25 years of comprehensive operation and maintenance (O&M), providing a long-term recurring revenue stream.
- •The project, funded by Himachal Pradesh Bulk Drug Park Infrastructure Ltd, features a 300 TPH steam plant, distribution network, and an indicative 30 MW co-generation facility.
- •The EPC phase is expected to take 24 months, followed by the 25-year O&M period, with a structured commercial framework based on operating costs and revenue sharing.
- •This project expands Steamhouse's community boiler model beyond Gujarat, significantly increasing its potential steam generation and distribution capacity to about 1,005 TPH.
Key Questions Answered
Steamhouse India secured a Rs 311 crore engineering, procurement, and construction (EPC) mandate for a 300 TPH common steam and co-generation power plant at the Bulk Drug Park in Una.
The project comprises a 300 TPH steam plant, an associated steam distribution network, an indicative 30 MW co-generation facility, and a 25-year comprehensive operation and maintenance (O&M) period.
The entire project cost will be funded by Himachal Pradesh Bulk Drug Park Infrastructure Ltd, which limits Steamhouse's working-capital requirement and supports its asset-light business model.
