Page 44 - Construction_Opportunities_March_2023

TICKER TAPE
INTERNATIONAL Sri Lanka’s Board of Investment announced that Adani Green
ADANI GREEN TO SET UP TWO WIND POWER PROJECTS IN SRI
LANKA

Energy, a subsidiary of Indian tycoon Gautam Adani’s business
empire, will build two wind farms in the island’s north.
The total investment will be $442 million, and the two plants
will supply power to the national grid ‘by 2025,’ according to a
statement from the BOI. In 2021, Adani was granted a significant
port terminal project in Colombo by Sri Lanka, with a value of $700
million. That concession was widely interpreted as an attempt by
New Delhi to address its growing concern about China’s growing
influence in the region; Adani had been nominated as the
contractor by the Indian government.
The company is constructing a 1.4-kilometer-long, 20-meter-deep
jetty next to a Chinese-operated terminal at Colombo Harbour,
the only deep-sea container port between Dubai and Singapore.

KALPATARU POWER TRANSMISSION LTD SELECTED AS ONE OF THE to achieve net zero emissions. We are confident in our EPC abilities,
PREFERRED PROPONENT TO DELIVER TRANSMISSION PROJECT IN especially our global project delivery expertise and design and
AUSTRALIA engineering abilities, to construct and deliver this landmark project
Kalpataru Power Transmission Limited (KPTL), one of the largest in Australia”.
specialized EPC companies, has been selected with Acciona Sanjay Dalmia, Executive Director, KPTL said “We have deep
Construction Australia Pty Ltd and Genus Plus Group Ltd, as expertise in managing large, complex EPC projects. Our global
the Preferred Proponent to deliver Transgrid’s HumeLink (East) expertise has allowed us to expand our horizons from Chile in the
transmission line project in Australia. The value of the project will Far West to Australia in the Far East. KPTL together with Acciona
be determined post conclusion of Early Contractor Involvement Construction Australia Pty Ltd and Genus Plus Group Ltd are
(ECI) Stage 2 process. HumeLink involves the construction of well positioned to help Transgrid deliver the HumeLink project
an approximately 356km transmission line in New South Wales, successfully.”
Australia. HumeLink’s construction has been split into two sections
(east and west) and involves new transmission lines and new or
upgraded infrastructure at four substation locations. KPTL along with
Acciona Construction Australia Pty Ltd and Genus Plus Group Ltd will
work in a Joint Venture arrangement to deliver the eastern section
of the HumeLink project. HumeLink is a nation-critical transmission
project, which will help secure supply for millions of Australians as
ageing coal-fired power stations are retired.
Manish Mohnot, MD & CEO, KPTL, said, “We are excited and proud
to be working for Transgrid along with Acciona and Genus on this
project that will help Australia move towards a cleaner energy
future. The HumeLink project will play a big role in Australia’s vision

WELSPUN CORP LTD AWARDED CONTRACT FOR EXPORT OF LSAW
PIPES AND BENDS
Welspun Corp Limited has been awarded a prestigious contract
for export of LSAW Pipes and Bends to the Middle East which will be
executed from its facilities in Anjar, India in FY 23-24. The contract is
for approximately 83,000 MT bare pipes with an option of coating
exercisable by the project owner subsequently. Pipes supplied
will be used for offshore production and transport of gas, which
will accelerate and enhance LNG export infrastructure in one of
the largest LNG producing and exporting country in the World.
This latest award is a testament to our engineering excellence,
impeccable track record and dedication to delivering innovative
solutions that meet the unique needs of our clients. The energy
scenario across the globe is changing due to various geopolitical
reasons and we are well-placed to secure further projects in the
Oil & Gas sector, both in international as well as domestic market.

44 CONSTRUCTION OPPORTUNITIES|MARCH 2023