PEC is a government of India public sector enterprise under Ministry of Commerce and Industry, Department of Commerce, Government of India. The company's primary business thrusts are in exports, imports, deemed exports, third country trading, arranging financing, logistics, project exports and management. It was formed in 1971 and is headquartered at “Hansalaya”, 15-Barakhamba Road, New Delhi, India. PEC Limited (formerly known as The Projects & Equipment Corporation of India Limited), is a government of India public sector enterprise under Ministry of Commerce and Industry, Department of Commerce, Government of India . The company's primary business thrusts are in exports, imports, deemed exports, third country trading, arranging financing, logistics, project exports and management. It was formed in 1971 and is headquartered at 1New Delhi, India. PEC, a trading house has over Forty years international trading experience in setting up turnkey projects and execution of high value supply contracts under international competitive bidding procedures including multilateral funded and EXIM Bank of India Line of Credit tenders by associating with reputed Indian manufacturers and contracting companies. PEC acts as main interface between the foreign buyer and manufacturer and closely monitors the execution of the contracts and ensures successful and timely execution of the contracts. PEC also has wide experience in execution of Turnkey Projects and supply Contracts. PEC identifies the best and most reliable manufacturing associates for each type of goods, services and turnkey projects and ensures adherence to contractual obligations of quality and delivery. For this, PEC maintains close liaison with Government and other agencies in public and private sectors, connected with financing, manufacturing, transport and shipping of goods on the one hand and consultancy services on the other. Manned by over 200 professionals with wide experience in different technological disciplines, marketing and commercial operations, PEC is fully equipped to render complete and efficient service to its foreign and domestic buyers. PEC has executed number of contracts in overseas countries such as Bhutan, Bangladesh, Dubai, Mauritius, Srilanka, Iran, Iraq, Philippines, Ethiopia, Liberia, Zimbabwe, Syria, Vietnam, Suriname, Trinidad & Tobago, Nepal, Jordan, Sudan,Uganada, UAE, Kenya, Kuwait, Morcocco and Tanzania etc.
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