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Sunday, 14 Oct 2012
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BGR Energy Systems bags major contract in Sept 2012

 

  Railway Board seeks developer for elevated rail corridor in mumbai

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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