04 July 2020

Contract Awarded

Value Rs. 847.34 cr


KNR Construction bags orders from Navayuga Engineering Company Limited


KNR Constructions has received orders worth Rs. 847.3 cr from Navayuga Engineering Company Limited, Hyderabad. The company said in its filing, “With refer to the captioned subject matter, we wish to inform you that Company has received a work order for Rs. 847,34,61,495 ( Rupees Eight hundred and Forty seven crores Thirty Four lakhs Sixty One thousand Four hundred and Ninety Five only) from Navayuga Engineering Company Limited, Hyderabad on back to back basis for the balance work of “Palamuru Rangareddy Lift Irrigation Scheme - Package 10 for the Formation of Venkatadri Reservoir bund from Km 6.900 to Km 11.550 at Vattem (V), Bijinepally (M), Nagarkurnool Dist (Mahabubnagar Dist.).”





Value Rs. 5,000 cr


Essar Steel bags order from  Posco’s India arm


Essar Steel, which is facing insolvency proceedings, has bagged a Rs. 5,000-crore order from the Indian subsidiary of Korean major Posco, the world’s fifth largest steel producer. Posco Maharashtra has signed an MoU with Essar Steel for procuring 1 million tonnes (mt) of hot rolled products, making it the fourth contract signed between the two. After this, a bulk order of 10,000 tonnes was placed, followed by one of 62,000 tonnes. An agreement for the supply of 650,000 tonnes was signed in FY16.


The quantity later reached 1mt per annum. Essar Steel had developed 16 new grades of steel for auto and other special applications for Posco Maharashtra, which has a 2-mt unit at Mangaon. It is currently operating at a capacity utilisation of about 85 per cent. Last year, it produced 6.9 mt of crude steel and expects to cross 7 mt this fiscal, said the firm. For the first two months of this fiscal, crude steel production at Essar Steel has grown 11 per cent to 1.25 mt, compared to  1.1 mt in the corresponding period last year.




Value Rs. 975 cr


Kalpataru Power Transmission wins new orders


Kalpataru Power Transmission secured new orders of about Rs. 975 crore. The new orders comprise of Engineering, Procurement and Construction (EPC) order for pipeline laying and associated works in India and two orders for design, supply, erection, testing & commissioning for railway electrification, including OHE, TSS & associated works. Along with this, the company’s international subsidiary has secured new T&D projects in Europe.


Kalpataru Power Transmission is a specialized EPC company engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.




Value Rs. 186.90 cr


Himachal Futuristic jumps to new highs


Himachal Futuristic Communications announced that it has received a purchase order worth Rs. 186.90 crore approximately, from BSNL, for setting up of the optical transmission backbone network for armed forces under the Network for Spectrum Programme (“NFS”) of the Government of India. This project is funded by Department of Telecom, Government of India (“DoT”) and BSNL has been appointed as the nodal agency by the DoT for Project execution. As the project has been funded by the DoT, Government of India, the timely realisation against the said order is secured.


Himachal Futuristic Communications’ net profit fell 14.6% to Rs. 51.49 crore on a 16.1% surge in net sales to Rs. 1,094.68 crore in Q4 March 2019 over Q4 March 2018. Himachal Futuristic Communications is involved in the manufacturing of telecommunication equipment, optical fiber cables and ntelligent power systems.




Value Rs.  2,500 cr


L&T bags significant orders from Damodar Valley


Infrastructure company Larsen & Toubro said its power business has bagged “significant” orders from Damodar Valley Corporation (DVC) to set up flue gas desulphurisation (FGD) systems in three of its power plants. DVC’s three plants where FGD systems will be set up are Durgapur Steel Thermal Power Station (2x500 MW), Mejia Thermal Power Station (2x500 MW) and Raghunathpur Thermal Power Station (2x600 MW) - in West Bengal, Larsen & Toubro (L&T) said in a regulatory filing.


L&T said India’s power ministry has set December 2022 as the deadline for existing thermal power plants to comply with revised emission norms. Installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, to curtail sulfur dioxide (SO2) emissions, it added.





Value Rs.  2,311 cr


NTPC awards contracts to GE Steam Power


GE Power India said it has been awarded three contracts from government-owned NTPC Ltd to supply and install wet flue-gas desulfurisation (FGD) systems for a combined value of Rs. 2,311 crore. The three power plant projects are IGSTPP Jhajjar (3x500 MW) by Aravali Power Company, Simhadri Super Thermal Power Station Stage I (2x500MW) and Stage II (2x500 MW) by NTPC and Sipat Super Thermal Power Station by Stage I (3x660 MW) by NTPC.


GE’s scope of work includes design, engineering, civil work, supply, erection, and commissioning of wet FGD systems along with auxiliaries including limestone and gypsum handling systems and wet stack on full turnkey basis. In addition, GE’s scope for IGSTPP Jhajjar (3x500 MW) also includes 10 years of operation and maintenance including the supply of spare parts.





Value Rs. 514  cr


JMC wins contracts for residential and commercial projects


JMC Projects (India) recently said it has won contracts worth Rs. 514 crore for residential and commercial projects and factory work. The company, a subsidiary of Kalpataru Power Transmission, undertakes projects pertaining to civil engineering and engineering, procurement and construction works. JMC has secured new orders of Rs. 514 crore, the company said in a regulatory filing. The orders include residential and commercial projects in south and west India totalling Rs. 295 crore and factory works from a multinational client in east India worth Rs. 112 crore. The company said it has also won an institutional building order worth Rs. 107 crore in east India.




Value Rs. 750 cr


BHEL gets order from NTPC-Railways JV


State-run BHEL has bagged a Rs. 750 crore order from a joint venture firm of NTPC and Indian Railways for supply of emission control equipment. The order involves supply and installation of Flue Gas Desulphurization (FGD) system at 4x250 MW Nabinagar project of BRBCL in Bihar, Bharat Heavy Electricals Ltd (BHEL) said in a statement. “Amidst stiff competitive bidding, BHEL has won an order for emission control equipment from Bhartiya Rail Bijlee Company Limited (BRBCL), a joint venture of NTPC Ltd and Indian Railways, valued at about Rs.  750 crore,” it said. The scope of work includes design, engineering, civil works, supply, erection and commissioning of wet FGD system along with auxiliaries including limestone and gypsum handling system and wet stack on full engineering, procurement and construction (EPC) basis, , the company said. “BHEL has been a major player in this area for over a decade and was one of the earliest entrants in the Indian market for emission control equipment, having successfully executed FGD system at Tata Power’s Trombay Unit 8 in 2008. With this order, BHEL is presently executing FGD systems for 27 units of NTPC and its JVs,” it said.




Value Rs.  100 cr


BHEL bags EPC order from NTPC


State-owned engineering firm BHEL said it has bagged a Rs.  100 crore order from NTPC for setting up a 25 MW floating solar photovoltaic power plant at Simhadri in Andhra Pradesh. The plant will be set up on the raw water reservoir of NTPC’s Simhadri Thermal Power Plant, BHEL said in a statement. “BHEL has won an order for setting up a 25 MW floating SPV power plant on EPC engineering, procurement and construction ) basis, at Simhadri in Andhra Pradesh.


Notably, this is the second order of floating SPV plant from NTPC Ltd, the earlier being 100 MW floating SPV plant at Ramagundam in Telangana,” it said. With this order, BHEL said, it has emerged as the largest EPC player in the floating solar PV segment in India with a portfolio of 130 MW.  The engineering firm is offering EPC solutions for both off-grid and grid-interactive ground mounted, rooftop, floating solar & canal top solar plants, with current portfolio of more than 1 GW of SPV plants.


BHEL further said that it has been contributing significantly to the nation’s green initiatives for developing and promoting renewable energy over the past three decades.  The enhancement of its state-of-the-art manufacturing lines of solar cells and solar modules has further strengthened its presence in the SPV segment, it said. In addition, space-grade solar panels using high efficiency cells and space-grade battery are being manufactured at its electronics systems division, Bengaluru.





Value Rs. 359 cr


NCC bags road contracts 


NCC said in a statement it has received two new orders totalling Rs. 358.9 crore (exclusive of GST) in June. One order, of Rs. 163.8 crore, pertains to the roads division and the other, of Rs. 195.1 crore, to the electrical division. The orders are received from State government agencies and do not include any internal orders, it added.




Value Rs. 7,000 cr


Reliance Infra bags  Versova-Bandra Sea Link project in Mumbai


Reliance Infrastructure last month said it has bagged Rs. 7,000 crore Versova-Bandra Sea Link project contract from Maharashtra State Road Development Corporation (MSRDC) in Mumbai.  Versova-Bandra Sea Link is a marquee project with a length of 17.17 km, which is three times the length of the Bandra-Worli Sea Link of 5.6 km. Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019 as per the contract, Reliance Infrastructure said in a BSE filing. The company said Versova-Bandra Sea Link would cut down commute time of Mumbaikars from over 90 minutes to 10 minutes.




Value Rs. 360.09 cr


Dilip Buildcon, Shaanxi JV emerges L1 bidder for new EPC project


Dilip Buildcon Limited - Shaanxi Road & Bridge Group Co. Ltd. (JV) [DBL - SRBG (JV)] has been declared L-1 bidder for a new EPC project ‘Construction of extra-dosed Bridge across Sharavathi Backwaters and approaches between Ambargodu and Kalasavalli of NH-369E’ in the state of Karnataka. The bid project cost is Rs. 360.09 crore. The completion period for the project is 36 months.





Value Rs. 471 cr


Thermax wins order for two Flue Gas Desulphurisation systems


Thermax Limited has concluded an order of INR 471 crore from an Indian government power company to set up two flue gas desulphurisation (FGD) systems at their thermal power plant in the state of Jharkhand. As a part of the customer’s drive to meet the mandates for regulating SOx emissions from coal fired power plants, they plan to install two units of FGD systems of 500 MW capacity each at their plant. The scope of supply includes design, engineering, manufacturing, civil work, construction and commissioning of the FGD systems. The delivery of the project is scheduled over 30 months.

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