In February 2008, ProjectsToday collected details on 60 domestic and overseas projectrelated contracts, which were awarded. These contracts were awarded across various sectors and together were worth Rs.19,395 crore. Out of the total 60 contracts, nine were overseas orders bagged by Indian companies.

Of the nine overseas contracts, the largest was the $431million (approx Rs.1,724 crore) order awarded to Larsen and Toubro by Kuwait National Petroleum Co. for upgradation of its three refineries in Kuwait.

The second largest overseas order was to the tune of $400 million (approx Rs.1,119.2 crore) by Marina Bay Sands Pte. to Sembawang Engineers & Constructors Pts, a wholly-owned subsidiary of Punj Lloyd for constructing and developing the North Podium of Marina Bay Sands integrated resort project.

The third biggest overseas order of the month was bagged by Bharat Heavy Electricals (BHEL). The PSU bagged the Rs.650 crore contract from General Electricity Company for setting up a 300 MW gas turbine based power plant in Libya.

BHEL, one of the major power equipment suppliers, also bagged the largest domestic order in February 2008. The company bagged a Rs.3,390 crore contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam for setting up the 2x500 MW Anpara D thermal power plant in Sonbhadra, Uttar Pradesh. With 22 contracts worth Rs.9,410.32 crore being awarded, the Power sector was heading the table of sectors. The other major contracts awarded in this sector were the Rs.793 crore contract awarded by APGENCO for execution of balance of plant for the 500 MW coal based power unit (stage VI) at the Kothagudem thermal power station in Khammam, Andhra Pradesh. Chennai-based BGR Energy Systems bagged this award.

The Iron & Steel sector witnessed six contracts worth Rs.2,154.7 crore being awarded during February 2008. Of these, the largest work contract worth Rs.1,107 crore was bagged by Larsen & Toubro. Steel Authority of India awarded the turnkey contract for construction of coal & coke handling plant and base mix preparation plant at IISCO’s steel plant in West Bengal.

The Petroleum & Oil Gas exploration and Refining sector together saw three contracts worth Rs.1,767 crore ebing awarded. These included the contract bagged by Toyo India from India Oil Corporation to set up its 370 mln tpa FCC gasoline desulphurisation block (EPCC-2 Package) on lump sum turnkey basis, for the Panipat refinery upgradation project in Haryana.

In the Mineral Fuels sector, two contracts totaling to Rs.1,450 crore being awarded, of which the biggest order worth Rs.1,250 crore was awarded to Larsen & Toubro by Oil & Natural Gas Corporation to execute the Mumbai High Redevelopment project.

(To view the complete list of contracts awarded during February 2007 please visit the ‘Domestic & Overseas Orders’ section in the website www.projectstoday.com)