Paris, May 10, 2007

Technip has been awarded a managing consultant contract by the Renault/Nissan/Mahindra joint venture for the construction of their automobile plant in Chennai (India).

To optimize this project in both its technical and financial dimensions, Technip will carry out the following tasks for the joint venture:

• ensure the follow-up of the quality, cost and delivery (QCD) of the project,
• project management from the execution studies and work carried out by Indian companies through to delivery,
• homogenization of Renault, Mahindra and Nissan’s international technical construction standards,
• adaptation of project management standards to the specifics of this project in its local context,
• definition of the project schedule and financing,
• assistance in selecting contractors and in the monitoring and validation of their studies in terms of quality, cost, scheduling and security, and
• assistance in administrative formalities and preliminary works on site