During September 2012, BGR Energy Systems has
secured a largest contract worth Rs 1,901 crore in
the
Electrical Machinery sub-sector. It has secured
the contract from Damodar Valley Corporation for supply of
2x660 MW steam generators for the Raghunathpur thermal
power project Phase II in West Bengal. In the sector, BGR
Energy Systems has also awarded a contract worth Rs 58 crore
to Sunil Hi-Tech Engineers for erection, testing,
commissioning of boiler for TRN Energy's coal based power
project at Raigarh in Chhattisgarh.
This apart, in the Railway Wagon & Equipment sub-sector, a
total of four contracts worth Rs 2,414 crore were awarded.
One of the noteworthy contract worth Rs 1,800 crore has
been awarded by L&T Hyderabad Metro Rail to Hyundai
Rotem India for supply of 171 cars (57 trains).The rolling
stock will be delivered nine months prior to the
commissioning of each stage of the 72-km three-corridor
project, which is proposed to be completed five years from
5 July 2012. Another important contract was from Rail Vikas
Nigam given to L & T Construction for railway electrification works between Guntakal-Raichur-Wadi stations of South
Central Railway.In the Railways sector, out of three contracts two contracts
worth Rs 1,534 crore were secured by HCC. It has secured a
contract worth Rs 884 crore from Ircon International for
construction of a 10.2 km tunnel on Dharam-Qazigund
Section of Udhampur-Srinagar-Baramulla railway line in
Jammu & Kashmir. Another contract worth Rs 650 crore is
from HCC Infrastructure for expansion of a section of the
NH-8 between Vadodara and Surat, which also includes the
construction of new four lane extradosed bridge across
river Narmada on a DBFOT (Toll) basis. This is an EPC
contract.
The Water & Sewerage Pipeline & Distribution sector has
bagged maximum contracts during the month. The sector
has observed six contracts worth Rs 1,035 crore. Of which
SPML Infra has secured two contracts worth Rs 720 crore from
the Delhi Jal Board. One contract worth Rs 519 crore is for
pilot project for improving efficiency of water distribution
network under Malviya Nagar UGR command area, with
operation & maintenance (O&M) for 12 years in Delhi and
another contract worth Rs 201 crore is for improvement in
service level for water supply in Mehrauli Project Area and
Vasant Vihar Project Area, with O& M for 10 years in Delhi.
Of the total 36 contracts, three contracts worth Rs 510 have
been bagged in the Overseas segment. A contract worth Rs 472 crore has been secured by IVRCL from National Irrigation Board for Bura Irrigation and Settlement Scheme RehabilitationProject in Kenya,contract worth Rs 38 crore has been secured by KEC International from National Grid Corporation of the Philippines for establishment of a 138 kV transmission line on a turnkey basis and DMRC has secured a contract from PT. Mass Rapid Transit Jakarta for
management consulting services for Phase-I of the
Jakarta
Mass Rapid System in Indonesia. The DMRC has been
awarded the work in a JV with eight other international
companies. The DMRC in the JV will handle the finalisation
of the organisational structure of the Jakarta Metro,
recruitment of personnel, development of training facilities
and the training of employees for various categories
required for commencing operations.
The month of September 2012 noticed extreme downfall as
36 contracts worth Rs 8,932 crore were awarded as against 71
contracts worth Rs 15,333 crore of August 2012. Consistently,
the Power sector has witnessed fall in orders being
awarded with four contracts in August 2012, followed by a
single contract in September 2012. The fall can be attributed
to several power sector problems like issues of coal
linkages, finances and delays in environment clearances
are impacting the power sector. Even, BHEL has witnessed
fall in orders. The company has decided not to take work on
new contracts until existing have been finalised which are
going slow or put on hold in the wake of financial
constraints.
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