Page 48 - Construction_Opportunities_April_2024

CONTRACT AWARDED
BUSINESS BUZZ KEC International Ltd., a global Subsidiaries Secure Orders Worth Rail Vikas Nigam Ltd Awarded LOA for

Value `816 cr
Value `2071 cr
Value `95 cr
KEC International Secures New
Kalpataru Projects International
Orders Worth `816 Crores
`95.95 Crore Order
Rail Vikas Nigam Limited has
`2,071 Crore
infrastructure EPC major and a part
Acceptance (LOA) from NFR-CONST
its subsidiary arms have successfully
of the RPG Group, has secured new
secured orders totaling `2,071 crore.
HQ-ELECTRICAL/N.F.RLY CONSTRUCTION.
orders amounting to `816 crores across Kalpataru Projects International and recently been granted a Letter of
various segments of its business. These new orders encompass projects The LOA pertains to the “Engineering,
Under the Civil business, the company in the Transmission & Distribution (T&D) Procurement, Construction of
has secured infrastructure projects in sector across international markets, Design, Supply, Erection, Testing &
India, including the setting up of a underscoring the company’s global Commissioning of 25 kV, 50 Hz, Single
Steel plant in Northern India for Metals reach and expertise. Phase, AC, Electrification OHE and
& Mining, construction of a Cement Additionally, the company has also TSS Works of Araria - Thakurganj New
plant in Central India for the Cement received an order for the design and line Section in connection with New
sector, and establishment of a plant construction of an underground metro Line Project of Araria - Galgalia of N.F.
for Carbon derivatives in Eastern India rail project in India, further diversifying Railway, including associated Works
for Carbon Black. its portfolio of projects. and Supply, erection, modification,
In the Transmission & Distribution (T&D) testing and commissioning of SCADA
business, KEC International has secured Value `500 cr for the section. (106.958 RKM/ 119.27
orders for the supply of towers in the TKM). (in EPC mode).”
United States of America. Happy Forgings bags `500 Crore The project, with an estimated cost of
Additionally, the Cables business has Order `95.95 crore inclusive of applicable
secured orders for the supply of various Happy Forgings secured a substantial taxes, marks a significant endeavor for
types of cables in both domestic and order valued at `500 crore. While RVNL.
international markets. the total order value amounts to
approximately `500 crore over the Value `549 cr
entire period, the annual value of the
Value ` 775 cr order ranges from `69 crore to `70 Capacit’e Infraprojects bags
crore per annum. Happy Forgings will Contracts worth `549 crore
GE Power bags two orders worth `775 cr undertake the manufacturing and Capacit’e Infraprojects bagged `549
GE Power India has secured two orders Crore Worth of Contracts. The company
worth `774.9 crore from Jaiprakash supply of brake flanges for passenger won a substantial contract from
Power Ventures. The two orders are vehicles, including utility vehicles and Macrotech Developers Ltd. (Lodha
pickup trucks.The agreement is slated
for D&E and supply of wet limestone- to commence in the fourth quarter of Group) for a residential project situated
based FGDs for the Nigrie Super the fiscal year 2026 or the first quarter in Worli, Mumbai, with a total contract
Thermal Power Plant at Nigrie, Singrauli, value pegged at `256 crore. Capacit’e
and Bina Thermal Power Plant at Bina in of the fiscal year 2027. Happy Forgings Infraprojects Ltd has also secured an
Sagar district of Madhya Pradesh. is expected to fulfill the order by order from Raymond Limited (Realty
December 2034.
The orders are worth `490.5 crore for the Division) for an additional building in
Nigrie plant and `284.4 crore for the Thane and scope enhancement for an
Bina plant. The pit-head based plant Value `1000 cr existing building, totaling `293 crore.
in Nigrie has a 1,320 MW super critical Talbros Automotive’s secures `1,000
technology boiler, and is characterised Crore Contract
by improved thermal efficiency, lower Talbros Automotive Components Ltd
emissions levels, and reduced fuel (TACL) joint venture company secured Value `270 cr
consumption. The execution period is a substantial order from a European Ramkrishna Forgings Bags `270 Crore
33 months for the Nigrie plant, and 30 OEM. The joint venture, Marelli Talbros Order for Vande Bharat Trains
months for the Bina plant. Chassis Systems Pvt Ltd (MTCS), Ramkrishna Forgings Ltd has bagged
clinched a multi-year contract valued a substantial order worth `270 crore
at `1,000 crore. The contract is set to be from a consortium led by BHEL. The
Value `674 cr executed over eight years, starting from order entails the supply of bogie
Q4 FY25. This significant order revolves frames for Vande Bharat train sets.
Maharashtra Seamless Secures `674 around the supply of suspension arms The project involves the development
Crore Order from ONGC tailored for both conventional internal and validation of bogie frames for the
Maharashtra Seamless Ltd has bagged combustion engine (ICE) vehicles and sleeper version of the Vande Bharat
an order from ONGC for the supply of electric vehicle (EV) platforms, catering train sets. The order comprises 32 train
casing pipes. The contract, valued at to the EMEA and NAFTA regions. sets, with each set consisting of 16
a substantial `674 crore, comes with a Production will take place at the Pune coaches. RKFL is set to produce a total
timeline of 44 weeks for execution. plant of MTCS, of 1,024 bogie frames for this project.

48 CONSTRUCTION OPPORTUNITIES|APRIL 2024