Page 64 - Construction_Opportunities_January_2025
P. 64

TICKER TAPE
          INTERNATIONAL  VA TECH WABAG  a leading pure-play water technology Indian   & Maintenance (O&M) to ensure sustainable performance and
              WABAG WINS EIB & KFW FUNDED DBO ORDER IN
               ZAMBIA FOR WASTE WATER TREATMENT PLANTS
                                                               efficiency.
                                                               Majority of the energy needs of the WWTPs will be sustainably met
           Multinational Group, continues to expand its presence and
                                                               through green energy sources, utilizing a combination of biogas
           strengthen its leadership position in the African Continent with
                                                               and solar power.
           Design, Build & Operate (DBO) order worth ~ Euro 78 Million (~
                                                               WABAG’s successful track record in delivering world-class water
           `700 Crore) from Lusaka Water Supply and Sanitation Company
                                                               and wastewater treatment projects, combined with its technically
           (LWSC), multi-laterally funded by the European Investment Bank
           (EIB) and the Kreditanstalt für Wiederaufbau (KfW) of Germany.
                                                               landmark contract in Zambia’s dynamic market.
           This strategic win marks WABAG’s entry into Zambia, further   superior and competitive bid, played a pivotal role in securing this
                                                               Commenting on this remarkable order win, Guhan Kandasamy,
           strengthening its presence in Africa and reinforcing its role as a   Head – Sales & Marketing (Africa), said, “We extend our heartfelt
           comprehensive water solutions provider in the continent.  gratitude to LWSC for their confidence in WABAG to deliver one
           Under this DBO contract, WABAG will execute the Engineering,   of Zambia’s largest and most advanced sanitation projects in
           Procurement,  and Construction  (EPC) of two  advanced   the recent decades. Through this project, WABAG is proud to
           Wastewater Treatment Plants (WWTPs) a 54 MLD WWTP and a 19   contribute significantly to the Zambian government’s mission to
           MLD WWTP located in Ngwerere and Chunga, Zambia. The EPC   enhance water and sanitation infrastructure, positively impacting
           phase will span 36 months, followed by 24 months of Operation   countless lives.”

           L&T HEAVY ENGINEERING WINS MULTIPLE ORDERS IN Q3    customer for a revamp project for a Fluid Catalytic Cracking Unit.
                                 FY25.                         In Kuwait, the company was awarded an order to supply critical
           Larsen & Toubro’s (L&T) Heavy Engineering division has announced   components for hydrocracker reactors and high-pressure heat
           the acquisition of several high-value orders in both international   exchangers.
           and domestic markets during the third quarter of FY25.   In the domestic market, L&T strengthened its position in the fertilizer
           On the international front, L&T won a significant LNG equipment   sector by securing contracts for three urea reactors from Southern
           order for a project in the United States, one of its largest LNG   Petrochemical Industries Corporation, Indian Farmers Fertiliser
           orders to date. Additionally, the company secured a breakthrough   Cooperative Ltd, and Indorama India Private Ltd, marking 17
           contract  for  a  loop  reactor  in  a  Propane  Dehydrogenation   consecutive wins in the urea reactor segment.
           Polypropylene Plant in Turkey, showcasing its expertise in the   These “significant” orders, typically valued between `1,000 and
           petrochemical sector.                               `2,500 crore, underline L&T’s growing footprint in various sectors,
           L&T also received a repeat order from a Saudi Arabian oil & gas   including LNG, petrochemicals, oil and gas, and fertilizers.

            L&T SECURES TRANSMISSION & DISTRIBUTION ORDERS     fault isolation and faster restoration of power. Internationally, L&T
                       WORTH UP TO `5,000 CRORE.               has won significant orders in the Middle East. In Saudi Arabia,
           Engineering giant Larsen & Toubro (L&T) announced recently that   the company secured a contract to build a 380 kV substation
           its Power Transmission & Distribution (PT&D) vertical has secured   to facilitate the evacuation of solar power generation. In Kuwait,
           new orders in India and the Middle East worth up to `5,000 crore.  L&T has been awarded a 400 kV substation project for a major
           L&T categorized these as large orders, falling within the `2,500   city. Additionally, in Dubai, L&T PT&D will establish several Extra
           crore to `5,000 crore range. Among the key projects, the company   High Voltage (EHV) substations, including a 400/132 kV substation,
           has received an order for implementing an Advanced Distribution   as part of the emirate’s efforts to upgrade its power transmission
           Management System in West Bengal. This technology will enhance   infrastructure. These developments are aimed at ensuring Dubai
           power  distribution  by  integrating  Outage  Management  and   remains a top global destination for residents, workers, and visitors.
           Distribution Management System functions, providing real-time   Last October, L&T’s PT&D vertical secured new orders in the Middle
           monitoring and control of medium and low voltage networks.   East and Africa worth up to `10,000 crore for expanding and
           The system will improve network reliability by enabling quicker   strengthening high-voltage electricity grids in the region.






















        64   CONSTRUCTION OPPORTUNITIES|JANUARY 2025
   59   60   61   62   63   64   65   66   67   68   69