Company

Our Company was originally incorporated as ‘Corrtech International Private Limited’ in Delhi as a private limited company under the Companies Act, 1956. Thereafter, the registered office of our Company was transferred from Delhi to Ahmedabad, Gujarat in 2000. Subsequently, our Company was converted in to a public limited company in September 2021. The name of our Company was changed to its present name ‘Corrtech International Limited’ on January 3, 2022.

Major events and milestones of our Company and the Business

The table below sets forth the key events and milestones in the history of our Company and the Business:

Calendar YearParticulars
1982Incorporation of our Company
1991Awarded contract for developing cathodic protection of underground pipeline and NGL tank bottoms system for Hazira gas processing complex of ONGC
2002Awarded sub-contract for laying pipeline and composite works for Kalol-Ramol Pipeline project for GAIL (India) Limited by L&T Limited.
2004Executed EPC contract of ₹ 171,900,000/- towards Kalol Santej Pipeline Project of Gujarat State Petronet Limited
2008Acquisition of 100% share holding of Corrtech Energy Limited and Control Plus Oil &
Gas Solutions Private Limited
2011Construction of 48 inch diameter pipeline
2014Restructured its financial debt under CDR mechanism.
2018Awarded horizontal direction drilling project for H-Energy Gateway Private Limited.
2019-2021Issuance of multiple tranches of non-convertible debentures by our Company.
2021Successful exit from CDR three years ahead of the scheduled plan.

Keyawards , accreditations or recognitions

Our Company has received the following key awards, accreditations and recognitions:

Year of award / accreditationAwards, Accreditations and Recognitions
2013Our Subsidiary (Control Plus Oil & Gas Solutions Private Limited) received certification of ISO 9001:2015 Management System for the scope of design, manufacture, dispatch, installation and service of metering, regulating, filtration and anodizing skids, pig launcher and receiver and pig handling systems, quick opening and closure, pig signaller, pressure vessels and storage tanks, pipeline markers and coalescing filter system.
2016Our Subsidiary (Corrtech Energy Limited) received certification of ISO 45001:2018 Occupational Health and Safety Management System for the scope of manufacturing, supply, service and repair of machined metal components for aerospace, defense application gas turbines, steam, turbines and marine engines, applications including turbine motor overhauling and cold coating of turbine compress or components.
2016Our Subsidiary (Corrtech Energy Limited) received certification of ISO 14001:2015 Environmental Management System for the scope of manufacturing, supply, service and repair of machined metal components for aerospace, defense application. gas turbines, steam, turbines and marine engines, applications including turbine motor overhauling and cold coating of turbine compressor components.
2019Our Company received the Certificate of Appreciation from Vedanta and Schlumberger as owner for achievement of 1 million safe man–hours without lost time injury for ABH Surface Facility Project 2018-19.
2019Our Company received certification of ISO 14001:2015 Environmental Management System for the scope of engineering, procurement, construction of cross country pipelines, tankages, process plants and associated facilities on a turnkey basis for petrochemicals, oils, gas, water and power plant including cathodic protection and horizontal direction drilling.
2019Our Company received certification of ISO 45001:2018 Occupational Health and Safety Management System for the scope of engineering, procurement, construction of cross country pipelines, tankages, process plants and associated facilities on a turnkey basis for petrochemicals, oils, gas, water and powerplant including cathodic protection and horizontal direction drilling.
2019Our Company received certification of ISO 9001:2015 Quality Management System for the scope of engineering, procurement, construction of cross country pipelines, tankages, process plants and associated facilities on a turnkey basis for petrochemicals, oils, gas, water and power plant including cathodic protection and horizontal direction drilling.
2020Our Company received the Certificate of Appreciation from Engineers India Limited as project management consultant and Bharat Petroleum Corporation Limited as owner for achievement of 1 million safe man – hours without lost time injury from February 28, 2018 to February 06, 2020 at re-routing of Mumbai-Manmad pipeline project, M / s BPCL(Mumbai).
2020Our Company received a letter from Indian Oil Corporation Limited congratulating our Company for splendid performance for dawn to dusk mainline welding of 9.245km road in a single day which surpassed the target of 5km welding in a single day of Southern Region Pipelines.
2020Our Subsidiary (Corrtech Energy Limited) received certificate of AS9100D and ISO 9001:2015 Quality Management System for the scope of manufacturing and supply of machined metal components for aerospace and defense application.
2021Our Company received a certificate from Engineers India Limited on achievement of 3 million man-hours without any lost time accident as construction contractor for pipeline laying works at Dobhi Durga Pipeline Project, Haldia from February 2018 to November2021.