Page 40 - Construction_Opportunities_April_2024

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INFRASTRUCTURE NBCC Ltd announced recently that it secured projects worth announced recently the signing of an agreement with Noida
NBCC SECURES `23,500 CRORE IN NEW WORK ORDERS
FOR FY 2023-24
International Airport to construct a dedicated pipeline for jet fuel
supply. The agreement, finalized outlines plans for the installation
of an aviation turbine fuel (ATF) pipeline stretching from BPCL’s
`23,500 crore during the 2023-24 fiscal year. In a statement, the
Piyala terminal to the airport's tank farm.
company highlighted the significant business gains, reporting a
record of `23,500 crore in new works on a consolidated basis, with
Spanning 34 kilometers in length, with a segment of 1.2 kilometers
situated within the airport premises, the dedicated ATF pipeline
`18,400 crore on a standalone basis. This represents a substantial
increase from the previous fiscal year's figures of `6,700 crore
initiative marks a significant step in streamlining fuel supply logistics
(consolidated) and `4,225 crore (standalone).
Among the notable projects secured during this fiscal year, NBCC is poised to operate on a common/contract carrier basis. This
and eliminating the reliance on tanker lorry movements, thereby
received additional FAR (Floor Area Ratio) works in Amrapali reducing carbon emissions.
worth about `10,000 crore. The company also secured its first Commenting on the partnership, Sukhmal Jain, Director (Marketing)
redevelopment project outside Delhi, a `2,000 crore contract from at BPCL, highlighted the company's longstanding commitment to
the Kerala State Housing Board (KSHB). pioneering ATF facilities and allied infrastructure in tandem with the
NBCC Chairman and Managing Director K P Mahadevaswamy growth of the aviation sector in India.
emphasized the company's strengths in construction and In response to the collaboration, Kiran Jain, Chief Operating Officer
infrastructure, especially in redevelopment and land monetisation. of Noida International Airport, expressed enthusiasm about the
"With a robust order book and a strategic focus on redevelopment joint effort to develop a common-use fuel transportation pipeline.
and land monetisation, NBCC is well-positioned to not only sustain Emphasizing the alignment of this project with the airport's strategic
but also incrementally elevate its growth trajectory, propelling vision, Jain underscored the importance of offering cost-efficient
sustainable development forward in India's construction and and sustainable solutions for liquid fuel transportation, particularly
infrastructure landscape," he said. in comparison to road transport.
NBCC's diversified portfolio includes new projects in the agri- The collaborative endeavor is anticipated to not only enhance
infrastructure sector through the construction of grain storage under operational efficiency but also contribute to a more sustainable
the "World's Largest Grain Storage Plan," with an approximate value future. By leveraging pipeline transportation for jet fuel, both
of `1,500 crore. The company also secured redevelopment and BPCL and Noida International Airport aim to significantly reduce
modernization projects for Government of India Presses through carbon emissions and bolster overall efficiency, thereby fostering
a self-financing model at Mayapuri, Rashtrapati Bhawan, Nasik, a more environmentally friendly and economically viable aviation
and Kolkata, totaling `750 crore. ecosystem.
Additionally, the firm obtained various infrastructure projects from
SAIL Bhilai, Bokaro, Durgapur, and Burnpur, amounting to `580 CONVERSION OF DELHI AIRPORT'S TERMINAL 2 TO
crore. During the 2023-24 fiscal year, NBCC awarded works worth INTERNATIONAL TERMINAL DELAYED TO EARLY NEXT YEAR
about `9,800 crore across different projects, reinforcing its robust The conversion of Terminal 2 (T2) at Indira Gandhi International
position in India's construction and infrastructure sector. (IGI) Airport in Delhi into an all-international terminal has been
postponed to early next year. Delhi International Airport Ltd
K P ENERGY LTD SECURES ORDER FOR 9MW WIND (DIAL) has opted to push back the conversion to avoid repeating
POWER PROJECT challenges experienced during the winter season, when critical
K.P. Energy Limited, a wind power project developer, has secured infrastructure like the main CAT III runway (28/10) was closed due
a new order to develop a 9MW wind power project in Gujarat as to fog-related repairs. The conversion work for T2 is now slated to
part of a larger wind-solar hybrid power project. The order was commence around April next year, following the winter season.
placed by Bhathwari Technologies Private Limited, with the project The expansion of Terminal 1 (T1) is expected to be operational
falling under the Captive Power Project segment. by early June 2024, pending approvals from the Bureau of Civil
The wind power project will be connected to the State Transmission Aviation Security and the Central Industrial Security Force (CISF).
Utility (STU) network, ensuring integration with the state’s broader Initially, T2 was intended to remain operational for a few months
power infrastructure. This development project will be executed post the expanded T1's opening to address any initial operational
on a turnkey basis, encompassing both supply and service, from issues. However, to ensure minimal disruption for travelers, the
initial planning to final construction and connection. conversion of T2 has been rescheduled for April next year. As per
The new project aligns with Gujarat's push towards renewable the plan, T2 is projected to be equipped to handle international
energy and further solidifies K.P. Energy Limited's position as a key flights by the winter of 2025-26.
player in the renewable energy sector. The addition of the 9MW India's air traffic has been on a significant growth trajectory,
wind project contributes to the ongoing efforts to enhance clean making it the world's fastest-growing major aviation market.
energy capacity in the state and across India. While domestic capacity at IGI Airport has been bolstered with
T1's expansion, international capacity is anticipated to face
NOIDA AIRPORT TO BE LINKED WITH JET FUEL PIPELINE BY constraints as early as this fiscal year, with only Terminal 3 (T3)
BPCL currently handling international flights.
In a strategic move towards enhancing efficiency and reducing To address the impending capacity crunch, DIAL proposed
carbon emissions, Bharat Petroleum Corporation Limited (BPCL) converting T2 into a temporary international terminal, with plans

40 CONSTRUCTION OPPORTUNITIES|APRIL 2024