Projects Description

We offer services to clients operating in a broad spectrum of industries encompassing Steel, Oil, Energy, Construction, Fertilizer, Paper, Cement, Sugar, Automobiles and FMCG

Some of the major assignments completed include:

  • Capitalization of Property Plant & Equipment
  • Asset Valuation As Per IFRS Requirements
  • Assessment of Useful Life & Residual Value
  • Audit & Physical Verification

Capitalization of Property Plant & Equipment

Capitalization of Property Plant & Equipment

  • ESSAR Oil Ltd – 14 MMTPA Oil Refinery at Vadinar, Gujarat
  • ESSAR Oil Ltd – Expansion of the Oil Refinery to 20 MMTPA.
  • VADINAR Oil Terminal Ltd. – Major items include Jetty, Pipelines and Tankages etc
  • VADINAR Power Co Ltd. – Co-gen Power Plant of 120 MWe in Phase 1 and 510 MWe in Phase 2.
  • VEDANTA Aluminium Ltd – Aluminium Smelting Plant, Jharsuguda, Orissa
  • VEDANTA Alumina Ltd. – Aluminium Refinery at Lanjigar, Orissa
  • Asia Motor Works Ltd – Commercial Vehicles Plant including Auto Component Division at Bhuj, Gujarat.
  • Sterlite Energy Ltd – 4 x 600 MW Independent Power Plant at Jharsuguda, Orissa
  • HPCL Mittal Energy Ltd – 9.0 MMTPA Oil Refinery at Bhatinda, Punjab
  • Kalyani Gerdau Steel Ltd – Determination of Fair Value of 0.3 MMTPA Steel Plant at Tadipatri, AP.
  • JSW Steel Ltd – 7.0 and 10.0 MMTPA Steel Plant expansion at Vijanagar, Karnataka.
  • Essar Power Gujarat Ltd – 2 x 600 MW Coal Based Power Plant at Salaya, Gujarat.
  • Essar Power MP Ltd – 2 x 600 MW Coal Based Power Plant at Mahan, MP.
  • Essar Power Transmission Co Ltd – Transmission Lines
  • Gerdau Steel India Ltd – Expansion of Steel Plant capacity at Tadipatri, AP
  • DB Power Ltd – 2 x 600 MW Coal Based Power Plant near Raipur, Chattisgarh (In progress)
  • Talwandi Sabo Power Ltd – 3 x 660 MW Coal Based Power Plant near Mansa, Bhatinda, Punjab (In Progress)
  • JSW Energy Ltd for their power plants located at Vijaynagar and Ratnagiri.
  • Raj West Power Ltd for their power plant at Barmer, Rajasthan.
  • Essar Power Hazira Ltd – 2 x 135 MW Thermal Power Plant (in progress)
  • Essar Power Orissa Ltd – 4 x 30 MW Thermal Power Plant (in progress)

Asset Valuation As Per IFRS Requirements

Asset Valuation As Per IFRS Requirements

Determination of Fair Value of Property Plant & Equipment as per IFRS ESSAR Global Ltd., the holding arm of various companies which include:

  • ESSAR Steel Ltd and other Steel Companies of ESSAR
  • ESSAR Power Ltd and other Power Companies of ESSAR
  • ESSAR Oil Ltd;
  • ESSAR Oilfield Services Ltd
  • Vadinar Oil Terminal Ltd
  • ESSAR Constructions India Ltd
  • ESSAR Shipping Ltd
  • ESSAR Ports and Logistics Ltd

JSW Steel Ltd for their plants located at Vijaynagar, Salem, Tarapur and Vasind Vedanta Aluminium Ltd for their plants located at Jharsuguda and Lanjigarh Gerdau Steel India Ltd for their plant located at Tadipatri, AP

Assessment of Useful Life & Residual Value

Assessment of Useful Life & Residual Value

  • Essar Oil Ltd – for 20 MMTPA Refinery at Vadinar, Gujarat
  • JSW Steel Ltd – for their Steel Plants at Vijaynagar, Salem, Dolvi and Salav and ARCL
  • Essar Steel Ltd - for their Steel Plants at Hazira, Visakhapatnam and Kirandul
  • Usha Martin Ltd – for their Steel Plant at Jamshedpur
  • Vadinar Oil Terminal Ltd, Vadinar
  • Vadinar Ports & Terminal Ltd, Vadinar

Audit & Physical Verification

Audit & Physical Verification

  • HPCL Mittal Energy Ltd – Estimate, Audit and Physical Verification of Civil and Structural Quantities for CDSP Project in Delayed Coker Unit at Bhatinda, Punjab.
  • Essar Projects Ltd – Construction material stock verification at various project locations all over the country
  • Essar Oil Ltd – Physical Verification of Fixed Assets and Reconciliation of Fixed Assets Register for 20 MMTPA Refinery at Vadinar, Gujarat.
No.48, 6th Floor, Tardeo AC Market, Tardeo, Mumbai – 400 034, Maharashtra, INDIA.
contact@vardaanresources.com
Aurum, 1st Floor, Plot no 57, Jayabheri Enclave, Phase 2, Gachibowli, Hyderabad - 500 032, INDIA.