Page 65 - CO_SEP_2022

CONTRACT AWARDED

Value `512 Cr Value `399 Cr Value `257 Cr

Ahluwalia Contracts (India) secures RPP Infra Projects wins new order PSP Projects secure new work orders BUSINESS BUZZ
new project worth `512 crore worth `399.33 crore worth `257.27 crore
The company has secured new order The Company has secured order of PSP Projects Limited received two
from CPWD Hamirpur, Division-II, HP for major upgradation of Lucknow Railway new work orders worth `257.27 crore,
Construction of Permanent Campus Station of Northern and North Eastern exclusive of GST.The work orders
of Central University of Himachal Railways on Engineering Procurement received include two work orders (WO)
Pradesh at Dehra and Jadrangal and Construction (EPC) mode. The from repeat clients i.e., Development
(Dharamshala), District - Kangra, (H.P.) railway project is expected to be of Ahmedabad Airport in Institutional
on Engineering, Procurement and completed within 36 Months from the Segment and one Pharmaceutical
Construction (EPC Mode 1) Basis worth appointed date, the company said. Project in Industrial Segments worth
of `512 crore. `128.01 crore and `98.99 crore. Further,
the company received remaining
Value `34 Cr orders worth `30.26 crore from the
Value `1455 Cr KNR Constructions bags LoA for Precast segment.
`34.26 crore project
Techno Electric & Engineering new KNR Constructions Ltd is in receipt Value `2600 Cr
orders for `1,455 crore of Letter of Acceptance for
Techno Electric & Engineering Torrent Power bags `2600 crore wind
Company Limited stocks run bullish Construction of four lane road from power project from SECI
on Wednesday’s trading session after IDA Pashamailaram Industrial Park Solar Energy Corporation of India
to ORR (Patancheru - Shankerpally
the announcement of receipt of major road junction) from KM 0/0 to 4/658 Limited (SECI) has granted a Letter of
order.It has recently secured prestigious in Sangareddy District, in the state of Award to Torrent Power for Wind Power
new orders for FGD totalling to `1,455 Project of 300 MW and confirming long-
crore. The details are as follows Telangana. The contract is worth `34.26 term Power Purchase Arrangement
• Rajasthan Rajya Vidyut Utpadan CRORE and the construction period for for the power generated from the
the said project is 18 months.
Nigam LTD – Kota – `666 crore proposed project.
(1x210 MW +2X 195 MW) The estimated project cost is
• Rajasthan Rajya Vidyut Utpadan Value `153 Cr `2,600 crore and estimated date of
Nigam LTD – Jhalawar – `789 crore commissioning is 24 months from the
(2x 600 MW) Gensol Engineering gets `153 crore execution of PPA.
worth of orders
Gensol Engineering Limited has Value `10.46 Cr
Value `6163 Cr secured orders to construct solar power
plants with a total capacity of 55.8 RMC Switchgears bags order worth
Power Mech Projects hits 52-week MWp.In the normal course of business, `10.46 crore from Andhra Pradesh
high on securing work order worth Gensol Engineering Limited received Utility
`6163.20 crore purchase orders from reputable clients RMC Switchgears Limited informed that
Power Mech Projects Ltd stocks in the in the month of August 2022 for the it has received an order worth `10.46
fast lane on Thursday’s trading session development of solar power projects crore from Andhra Pradesh Utility. The
as the company has received Letters of totalling approximately 55.8 MWp in company expects to supply the order
Award (LOA) worth `6,163.20 crore from the states of J&K, Gujarat, Punjab, within the next two quarters.
Adani Group. Rajasthan, Tamil Nadu, and Telangana, RMC Switchgears made this
The Letter of Award includes 5 Flue Gas the company informed. Five of the announcement on the blissful occasion
Desulphurisation (FGD) Projects from seven transactions concluded by of the corporate anniversary of the
Adani Group for installation of 15 FGD Gensol are full turn-key EPC projects, company as it completes 28 years of
retrofits to coal based units situated at while the other two are Balance of excellence and continues the journey
Mundra, Tiroda, Kawai and Udupi, on a System (BoS) projects. Similarly, while of success with pride.
complete EPC basis, to be executable four projects will be built on land, the The company outlined that it has
over a 30 months period of time for remaining three will be built on the transformed a lot since its inception
their plants ranging between 330 MW rooftops of the clients’ factories. for many good reasons and is
to 660MW. Excluding taxes, the total cost of these continuously working on social values
Further, these FGD units will effectively projects is `153.16 crore. and enhancing the lives of people.
curb Sulphur dioxide emissions with It is worth noting that four clients have The company expressed gratitude
92% recoveries and will playa vital renewed their orders with Gensol out of to all its employees, customers,
part in helping India’s ambitious the seven projects, demonstrating the vendors, and investors for being with
goal of reducing emission-intensity confidence that the firm has earned the company all these years which
as announced at the United Nations with its clients via the delivery of high- reformed it into a medium company
Climate Change Conference, COP 26. quality solar assets. from a small-scale company.

SEPTEMBER 2022|CONSTRUCTION OPPORTUNITIES 65