Page 59 - CO_April_2023
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CONTRACT AWARDED



                    Value `197 Cr                     Value `378 Cr                      Value `259 Cr
            Isgec wins `197.25 Crore Order for   Rail Vikas Nigam Ltd, Siemens India   J. Kumar Infraprojects Ltd receives  BUSINESS BUZZ
             Renovation and Modernisation of     Ltd consortium emerges L1 for      LoA from Bangalore Metro Rail
            ESP’s of Reputed State Power Utility.    Mumbai Metro order                   Corporation Ltd
           Isgec has received a order for `197.25   Rail Vikas Nigam Limited (RVNL) has   J. Kumar Infraprojects Ltd has received
           crore from Maharashtra State Power   emerged as the Lowest Bidder (L1)   Letter of Acceptance from M/s.
           Generation Co. Ltd. (MAHAGENCO)    for “Design, Manufacture, Supply,   Bangalore Metro Rail Corporation
           for renovation and  modernisation  of   Installation, Testing and Commissioning   Limited for the “Construction &
           the Electrostatic Precipitators (ESP’s)   of  2  nos.  110kV  receiving substation   Remoting of existing Baiyappanahalli
           for their 2x500 MW TPP at Chandrapur   including 110 kV, 33kV & 25kV cabling   Depot for Bangalore Metro Rail Project
           Thermal Power Station, Distt.      work, complete 25kV overhead catenary   - Phase - 2A” for a total contract cost of
           Chandrapur, Maharashtra. The ESP’s   system along with switching station,   Rs. 249 crore in the name of J. Kumar
           shall be retrofitted and modernised   33Kv auxiliary power distribution system   - AICPL (Joint Venture) where the share
           for Particulate emission reduction   including 33/0.415 kV auxiliary sub-station   of M/s. J. Kumar Infraprojects Limited
           in order to meet the latest Emission   (ASS) and complete SCADA system for   is 55% which comes to approximately
           Norms guidelines for Thermal Power   main line & depot of Mumbai Metro line   `137,05,64,353/-) exclusive of GST.
           Plants. The scope of work includes   2B of MMRDA.  RVNL had participated
           complete Design, Engineering, Supply,   in consortium with M/s SIEMENS India   Value `1272 Cr
           Assembly,  Erection,  Commissioning   Limited. M/s SIEMENS is the lead partner
           and Performance Guarantee Testing   with 60% share & RVNL as consortium   NHAI awards `1272 cr project to TTIPL-
           for ESP Retrofitting/Upgradation of   partner with 40% share. The Cost of     RVNL consortium.
           2x500 MW Units of Chandrapur U-5&6   project is `378 crores.         The National Highway Authority of India
           Thermal Power Station on EPC Basis.                                  has awarded a project worth  `1,272
                                                      Value `960 Cr             crore to the TTIPL-RVNL consortium,
                                                                                which emerged as the lowest bidder
                   Value `1080 Cr              Larsen & Toubro bags EPC contract   (L1). The consortium comprises TTIPL
                                                  for Chambal Fertilisers and   with a 51 percent stake and RVNL with
            Sterling and Wilson bags three rural    Chemicals’ TAN Project      the remaining 49 percent stake. The
            electrification orders worth `1,080   Larsen & Toubro Limited has been   scope of work for the project involves
                         crore                awarded an EPC contract worth     the six-laning of a 37.3 km greenfield
           EPC firm Sterling & Wilson has bagged   `960.71 crore by Chambal Fertilizers   Varanasi-Ranchi-Kolkata  highway
           three rural electrification orders worth   and Chemicals Limited. The contract   from  Sonepurbigha  village  to  the
           `1,080 crore, towards the development   is for the Technical Ammonium Nitrate   junction with NH-22 (Chatra bypass) in
           of distribution infrastructure at electric   (TAN) Project, which involves the setting   Jharkhand. The project is part of the
           supply circle. Of the three orders, one   up of a plant for manufacturing   Bharatmala  Pariyojana  and  will  be
           order is from Chhattisgarh State Power   Technical  Ammonium Nitrate. The   executed on a hybrid annuity model
           Distribution Company (CSPDCL) in   company’s plant will be situated at its   for Package-8. This initiative is expected
           Rajnandgaon district of Chhattisgarh,   current  site in Gadepan, District  Kota,   to significantly improve connectivity in
           two others are from South Bihar Power   Rajasthan, and it is estimated to possess   the region, thus boosting trade and
           Distribution Company (SBPDCL) in   a yearly capacity of around 2,40,000   commerce.
           Nalanda (also covering districts in   Metric Tons (MT). It will also include a plant
           Nawada) and Gaya districts. The    to manufacture approximately 2,10,000
           turnkey projects have been awarded   MT per annum of weak Nitric Acid. The    Value `180 Cr
           under the revamped  reforms-based   project is expected to be finished by   Continental Petroleums Limited
           and results-linked, distribution sector   October 5, 2025, which is 30 months   Wins Orders for its Turnkey Projects
           scheme (RDSS), and are expected to   after April 5, 2023. The agreement entails   Business.
           impact lives of lakhs of people in the   the complete scope of the project,   Continental  Petroleums Limited
           specified regions.  The contract terms   which comprises design, engineering,   has secured LOI for its Turnkey
           include a 30-month timeline.
                                              procurement, equipment and         Projects business. The Project is for
                                              material supply, construction, project   Supply, Erection, Installation, Testing
                    Value `158 Cr             management, pre-commissioning,     & Commissioning of material /
                                              commissioning, and the transfer or grant   equipment for the various activities
            B L Kashyap wins orders worth `158   of necessary licenses for the successful   of Development of Distribution
                        crores                completion of the project  and its   Infrastructure at Dausa Circle of Jaipur
           B L Kashyap & Sons, one of the     corresponding facilities. The payment   DISCOM of Rajasthan state under RDSS
           leading engineering procurement and   will be based on milestones achieved,   (Revamped-based & Results-linked
           construction (EPC) firm has secured   with an initial advance payment of 10%   Distribution Sector Scheme) on turnkey
           two orders for construction, civil and   upon submission of a bank guarantee   for a total contract price amounting to
           structural works for `158 crore.   provided by the contractor.        `180 crore.


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