Page 32 - DIGITAL ISSUE MAY 2018

PROJECTS UPDATE

Between FY19 and FY22, contracts Key highlights of the Projects are as track corridor fromKhurja to Pilkhani in
worth more than `1,10,000 crore are under: e Project is on DBFOT Pattern; Uttar Pradesh. is is Larsen & Toubro’s
expected to be put up for bidding by the project length is approx. 99. 867 Kms; the rst EPC Civil, Structure & Trackproject
National Highways Authority of India concession period of the project is 22 years; in the Eastern Dedicated Freight Corridor.
and the ministry of road transport and total cost of the project is approx. `3,400 In the Western Dedicated Freight Corridor,
highways. ese contracts o er additional crore; company will be getting tolling rights L&T already has a share of 71 per cent in
opportunities for companies to enhance on the project from the Appointed Date; etc. the civil packages and 100 per cent share in
their order books and maintain the The new project has taken company’s the electrical packages.
momentum of their revenue growth. Let’s construction order book to approx. `15,300 DFCCIL is a special purpose vehicle of
take a look at some of the major projects crores; thus,boosting up the construction the Indian Railways, mandated to build
that the country would witness in the order book visibility for next three to four dedicated freightcorridors. This project
future: years. A er three HAM projects, Company will be funded by World Bank (WB) and
wins fourth project under BOT project is a part of the 1856 km EasternCorridor
Dilip Buildcon forms 5 SPVs for comprises six laning of 99. 867 Kms section proposed between Ludhiana (Punjab)
`6,307 crore worth NHAI projects on NH-9 between Hapur and Moradabad and Dankuni (West Bengal). e scope
Dilip Buildcon recently announced in the State of Uttar Pradesh. of work includes construction of single
incorporation of five new SPVs for railway track including yards, 75 major
projects worth `6,306. 9 crore awarded MEP Infra bags NHAI contract & 588 minor bridges, 1 rail over bridge
by National Highways Authority of India. A joint venture between MEP modi cation, 4 rail yovers, 21 stations
e SPV rms are DBL Nidagatta Mysore Infrastructure Developers Ltd and Long along with construction of all associated
Highways, DBL Gorhar Khalrahrnda Jian Road and Bridge Company Ltd has works. e project is planned to be executed
Highways, DBL Mangloor Highways, received a Letter of Award from National using completely mechanised means of
DBL Borgaon Watambare Highways and Highway Authority of India for extending track linking usingthe latest technology in
DBL Mangalwedha Solapur Highways. the carriage width of National Highway railway construction.
Last month, it has bagged two projects 848 to eight lanes. e work was carried
worth `4,473 crore to be constructed out on the stretch connecting Vadape in PunjLloyd get `505. 22 crore contract
under hybrid annuity mode. Under HAM, Bhiwandi tehsil to Thane. Built under Punj Lloyd recently won a contract worth
the government commits up to 40 percent the Hybrid Annuity Model, the project is `505. 22 crore for six/four laning of NH
of a project cost and hands it over to the estimated to cost `1,182. 87 crore and will 5 (New NH 16) from Puintola to Tangi in
developer, who has to fund the balance 60 be 23. 798 km in length. e JV has been Odisha. e construction period is 730 days
percent with debt and equity. granted a concession period of 15 years, and from the start of the project.
the construction has to be completed within
IRB Infra gets `34 bn UP road project 910 days. JMC Projects secures new orders worth
from NHAI With this project under its belt, MEP `942 crores
After winning three successive projects Infra commands a large market share in JMC Projects (India) Ltd (JMC), a leading
under Hybrid Annuity Model, IRB the hybrid annuity space, and is one of the Civil Engineeringand EPC Company
Infrastructure Developers Ltd (IRB), has largest players with a basket of 10 projects has secured new orders of `942 Crores
bagged fourth one under BOT space, from in Maharashtra and Gujarat aggregating from National Highways Authority of
NHAI in Uttar Pradesh. e company has `7,942 crore across 1,893 lane kms. ese India(NHAI). is includes four-laning
emerged as a preferred bidder for six laning projects are under the new Hybrid Annuity of Madurai-Chettikulam section of NH
of the 99. 867 Kms stretch on NH-9 (earlier mode, which is a mix of engineering, 785 in Tamil Nadu on EPC basis for `486
NH-24) on Hapur Bypass, from Hapur to procurement and construction (EPC) and crores; and two orders for construction of
Moradabad, for the cost of cost of `3,400 build-operate-transfer (BOT) system. yovers on NH 53 in Maharashtra for `456
crores. Commenting on the development, crores. On securing new
crores. On securing new
Virendra D Mhaiskar, CMD, IRB L&T Construction & DFCCIL signs orders,
orders, SK Tripathi, CEO
& Dy. MD,
Infrastructure Developers Ltd. said, “We contract valued `2,864 crore for Eastern & Dy. MD, commented,
have proven track record in Dedicated Freight Corridor “We are delighted with
have proven track record in
“We are delighted with
these new orders received in
BOT space; and bagging
BOT space; and bagging The Railways Strategic Business Unit these new orders received in
our infrastructure business,
another project in the of L&T Construction’sTransportation our infrastructure business,
BOT space is another Infrastructure Business has signed a especially from NHAI.
especially from NHAI. e e
jewel in the crown for major contract worth `2,864 Crore increased capital outlay for infrastructure
us. is has once again with theDedicated Freight Corridor creation in India augurs well for our
acknowledged the Corporation of India Ltd. (DFCCIL). business and wesee it as a major growth
high trust and con dence in our domain e prestigious order was secured against driver in the coming years. These new
expertise, rich experience and execution stiff competition from five other major orders and JMC’s strong order bookgives
capabilities demonstrated over last two EPCcompanies. e EPC order involves us con dence to achieve our growth targets
decades. ” construction of 222 Route Km of a single- for 2018-19. ”
36 CONSTRUCTION OPPORTUNITIES|MAY 2018