Page 62 - April 2022
P. 62

BUSINESS BUZZ  CONTRACT AWARDED      Municipal Corporation of Greater   IRCON International bags order worth


          Value `1000 to 2500 Cr
                                                                                    Value `1780 Cr
                                                  Value `1584 Cr
                                            DBS Realty securing project form
            L&T Construction Awarded
                                                                              `1780 cr from Ministry of External
       (Significant) contracts for its Water &
           Effluent Treatment Business
                                                      Mumbai
                                                                                          Affairs
       The Water & Effluent Treatment
                                         D B Realty Ltd is a 1/3  partner has
       Business of L&T Construction has
                                                                            appointed as ‘Project Implementation
                                                              rd
                                                                            Agency’ for “Construction of Road
       secured various contracts.        DBS Realty, a partnership firm in which   Ircon International Ltd. has been
                                         received a Letter of Acceptance (“LOA”)
       The Gujarat Water Infrastructure Limited   from Municipal Corporation of Greater   from Paletwa (Myanmar) to Zorinpuri
       (GWIL) has placed engineering,    Mumbai (“MCGM”) for construction,   (Mizoram) under Kaladan Multi Modal
       procurement and construction orders   completion and handing over of 4000   Transit Transport Project (KMMTTP)” in
       for the design and construction of the   tenements of carpet area size 27.88   Myanmar, on EPC mode at Lump
       Dhanki  -  Navda  Bulk  Pipeline  project   mts along with transfer of land and   Sum cost of `1,780 Crore by Ministry of
       that aims to enhance water supply   completed tenements to MCGM to be   External Affairs, Government of India.
       capacity to meet the future demands   constructed on land bearing CTS No.   The project shall continue for a period
       of Amreli, Junagadh, Botad and Rajkot   11A/5A of village Chandivali In Zone-V.  of forty (40) months from the Effective
       districts of Gujarat. The scope includes   The Firm shall receive Land TDR and   Date i.e. date of execution of the
       design & construction of 99 Kms bulk   Construction TDR of 1.56 million sq feet   necessary Agreement which will be
       transmission MS pipeline, 10.5 ML RCC   and premium per tenement @`39.60   executed within the next 14 days.
       raw  water sump  & pumphouse and   lacs aggregating to `1,584 crore which
       associated electro-mechanical &   shall be paid by the MCGM in the form
       instrumentation works.            of Credit Note subject to certain terms    Value `2120 Cr
       The Business is also executing another   & conditions as prescribed in LOA
       bulk pipeline project at the same   Further, this is a unique project which   Power Mech Projects wins order worth
       location for GWIL.                is expected to benefit from tax    `2120 crore under Jal Jeevan Mission
       Further, the international arm of   exemptions under the Income Tax Act,   Power Mech Projects Limited wins
       the Business has been awarded a   1961. In addition to the above, the   orders worth  `2,120 crore under Jal
       project from a prestigious client for   Company has also bid for construction   Jeevan Mission (JJM) program.
       the  Supply,  Installation, Testing,  and   of another 10,500 (approx) tenements   The company has won the new
       Commissioning of  water distribution   at Malad for the MCGM and the   orders under Phase-III projects in 2120
       network and large meter connections   company expects the MCGM to take   villages of Pratapgarh, Fatehpur and
       in Dubai. The scope includes water   a decision in respect of its bid soon.  Meerut districts in Uttar Pradesh. Major
       distribution networks of 137 Km GRE                                  components of the project are about
       Pipelines, micro tunnelling works, SCADA   Value `738 Cr             2100 tube wells, 2100 water tanks,
       and associated Civil, Mechanical and   PNC Infratech bags new Hybrid   and 13,000 km of pipeline network for
       Electrical Works.                   Annuity Project of Value `738 Crore  supply of drinking water to about 50
       This project adds another customer to   PNC Infratech Limited has been   lakh population.
       our clientele signifying the expansion   declared the L1 (lowest) bidder for   The latest order win comes a year
       of the WET business in the Middle East.                              after the company was awarded
                                         a NHAI Project of Four Laning of NH   JJM projects in 898 villages of
                                         530B from Gaju Village km 32.982,   Bulandshahar,  Meerut  and  Etah
                                         (Mathura - Aligarh District Boundary)
               Value `864 Cr             to Devinagar Bypass (End) Km. 66.000   districts of Uttar Pradesh by State Water
                                                                            Sanitary Mission, for an initial value of
         PNC Infratech bags new Hybrid   of SH 33 (NH530B) in the State of Uttar   `898 crore under Phase-II of JJM. The
         Annuity Project Worth `864 Crore  Pradesh on Hybrid Annuity Mode, for a   major components of the project are
       PNC Infratech Limited has been    Bid Project Cost of `738 crore.    about 800 tube wells, 800 water tanks,
       declared the L1 (lowest) bidder for an   The Project is to be constructed in 24   and 6,000 km of pipeline network for
       NHAI Project of ‘Improvement and up-  months and operated for 15 years post   supply of drinking water to about 20
       gradation of 54.429 km long to 4–lane   construction.                lakh population.
       with Paved Shoulders, from km 174.641      Value `563 Cr             This project continues to be executed
       to 229.070 of NH-731 in Hardoi District of                           at a brisk pace and is scheduled to
       Uttar Pradesh on Hybrid Annuity Mode,   PSP Projects bagging order worth   complete within FY 2022-23. The order
       for a Bid Project Cost of `864 crore. The    `563.99 Crore           amount, won under a joint venture with
       price bids were opened on March 09,   PSP Poject Ltd., a leading construction   BRCCPL, has increased to `1800 crore
       2022, with PNC’s bid being the lowest   engineering company, has emerged   following a detailed survey. Similarly,
       (L1).                             as the Lowest Bidder (L1 Bidder)   post the project survey and OPR
       The Project is to be constructed within   for project “Construction of Sports   preparation works are initiated under
       a period of 30 months and shall   Complex” at Ahmedabad, Gujarat with   Phase-III, the value of new orders may
       remain operative for 15 years post-  a bid value of `563.99 crore (inclusive   too undergo an appreciation (in a
       construction.                     of GST).                           similar fashion as Phase -II).


    62   CONSTRUCTION OPPORTUNITIES|APRIL 2022
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