Awarding of project contracts by promoters to consultants, contractors, etc. is one of the major landmarks in the project implementation process.

In December 2007, ProjectsToday collected information on 33 orders bagged or contracts awarded across different sectors. The total worth of this order was to the tune of Rs.10,502 crore. Of the 33 contracts, four were awarded by overseas companies to Indian companies.

Of the four overseas contracts, the largest was a Rs.570 crore order awarded by the Government of Oman to Hyderabad-based Nagarjuna construction.

Nagarjuna has been given the task of executing the Wadi Adai Al Amerat Road project.

Larsen & Toubro Oman (LLC) bagged three contracts in Oman. Two were to build electrical sub-stations and one to build a township, which is proposed as a part of Muscat Golf course project. The aggregate value of the three contracts was Rs.1,064 crore.

Among the major sectors, the Power sector saw the highest number of contracts awarded during December 2007. In all, four power projects contract totaling of Rs.3,943 crore were awarded. Of these, the Rs.3,725 crore contract bagged by the Reliance Energy was the largest. The contract was awarded by Damodar Valley Corporation for developing the 1,200 MW (2x600 MW) thermal power plant Stage-I, at Raghunathpur in West Bengal.

The petroleum oil & gas exploration and refining sector together saw seven contracts being awarded. ONGC awarded a Rs.725 crore contract to NaftoGaz of Ukraine for inter-connecting power facilities in its Mumbai High offshore fields. The company also awarded two additonal contracts to Asian Oilfield Services for seismic data collection in Nagaland.

Indian Oil Corporation awarded a Rs.590 crore contract to Punj Lloyd for developing 3.7 mln tpa delayed coker unit and 160 tpa coker LPG merox block for the residue upgradation project at its Vadodara refinery in Gujarat.

The transportation sector saw five contracts worth Rs.1,622 crore being awarded in December 2007. Of these, the Rs.710 crore contract awarded by the NHAI to Bangalore-based Navayuga Engineering Co., was the largest. The company would build the Bangalore-Nelamangala section on NH 4, on BOT basis. In the Manufacturing sector, two each contracts were awarded by Madras Cements and SAIL. Madras Cements awarded two contracts worth Rs.9.6 crore to Petron Engineering for executing a portion of its ongoing expansion plans. SAIL which is implementing a Rs.8,107 crore modernisation plan at IISCO plants in Jharkhand and West Bengal, has awarded two contracts to Mukand and Siemens Metals for supply and erection of equipments.

In the Water Supply sector, six contracts totaling to Rs.1,008 crore were awarded, of which, the biggest contract was worth Rs.340 crore and was awarded to Degremont Suez for commissioning Brihanmumbai Municipal Corporation's 990 MLD water treatment plant under the Middle Vaitarna Project at Bhandup in Thane.

In the Roadways sector, a total of seven contracts were finalised. Of these, four were by the Municipal Corporation of Greater Mumbai. However, the largest contract was bagged by IRB Infrastructure Developers from NHAI, to develop the 239 km Surat-Dahisar section of the NHDPPhase- V.

(To view the complete list of contracts awarded during December 2007 please visit the ‘Domestic & Overseas Orders’ section )