In March 2015, a total of 185 contracts worth Rs.25,906.19 crore were awarded, as per the data compiled by ProjectsToday. These domestic and overseas orders, spread across various industrial sectors, were bagged by 120 Indian companies. Further, of the 185 finalised contracts, 13 were won by Indian companies to execute orders overseas.
The newly-formed Telangana state utility, Telangana State Power Generation Corporation, awarded public sector Bharat Heavy Electricals Ltd an EPC contract worth Rs.5,000 crore for setting up a 4×270 MW thermal power plant at Manuguru in Khamman district of Telangana. The project is targeted to be commissioned in 24 months on a fast-track basis with both TSGENCO and BHEL setting up teams to expedite clearances and execution of the project.
BHEL’s scope of work includes design, engineering, manufacture, supply, construction, erection, testing and commissioning of 4×270 MW thermal sets on EPC basis. The key equipment for the contract will be manufactured at BHEL’s Trichy, Hyderabad, Haridwar, Bhopal, Ranipet, Bengaluru and Jhansi plants, while the company’s Power Sector- Western Region will be responsible for civil works, and erection and commissioning of the equipment.
Roads
The road sector saw finalisation of 51 new contracts worth Rs.4,240.68 crore. The largest contract was finalised by Delhi PWD for a Rs.1,664-crore job to L&T for construction of phase-III of Barapullah Elevated Corridor in Delhi. The project connects Sarai Kale Khan and Mayur Vihar through the elevated corridor across river Yamuna. The scope includes construction of 550-metre six-lane extra dosed bridge and 4.3-km four-lane elevated road, a flyover at Mayur Vihar, connecting loops, cycle tracks, road works, architectural lighting and other allied works. The project is scheduled for completion in 30 months.
The third largest contract of the month, valued at Rs.1,432 crore, was also awarded to L&T, by Ministry of Defence, for design and construction of seven offshore patrol vessels for the Indian Coast Guard. The contract is part of the government’s initiative to strengthen India’s coastal security.
OPVs are long-range surface ships capable of operating in maritime zones of India, including island territories, with helicopter operational capabilities. Their roles include coastal and offshore patrolling, policing the maritime zones, control and surveillance, and anti-smuggling and anti-piracy with limited wartime roles.
Power
Sixty-three contracts worth Rs.8,697.45 crore were awarded in the power distribution sector in March 2015. Power Grid Corporation of India Ltd owned 52 of the 63 contracts finalised during the month. The largest contract in this sector, worth Rs.355.88 crore, was awarded to New Northeast Electric Group High Voltage Switchgear Co. for augmentation of the existing 400kV Koteshwar pooling station to 765/400kV voltage level and extension of 765/400kV Meerut substation under the transmission system associated with Tehri- II PSP.
Overseas
In March 2015, Indian companies bagged 13 overseas contracts worth Rs.3,993.34 crore in the petroleum oil and gas, power distribution, commercial complexes, roadways, coal and lignite-based power, and computer software sectors from countries such as UAE, Saudi Arabia, Oman, Bangladesh, Indonesia, Kenya, Paraguay and USA.
The largest overseas contract, worth Rs.732 crore, was bagged by L&T (Oman) L.LC., from Government of Oman for construction of a commercial project and its site-wide infrastructure in the country. The scope involves civil, structural, architectural, electromechanical, finishes, speciality lighting, lifts, ICT systems, landscaping, water features, swimming pools and car park.
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