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Monday, 10 Oct 2011
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PSA combine to build fourth terminal for JNPT
55 contracts worth Rs 32,634 crore awarded
October Orders & Contracts_ProjectsToday


Projects contracts & awards segments, after witnessing a lull for the last three months has managed to clinch around 55 contracts worth Rs 32,634 crore in India as well as abroad in September 2011. Much delayed NTPC contracts for supercritical steam boilers and turbines and JNPT's contract for fourth terminal were awarded in September 2011.


India while four were the overseas contracts. Most remarkable contract was bagged by PSA-led consortium from the JNPT. The order worth Rs 6,700 crore is for fourth terminal with a capacity to handle 4.8 million TEUS annually, in Mumbai. "Within a month, we will sign the concession agreement. They are already looking for the financial closure. As early as possible, they will start the work," said L Radhakrishnan, Chairman, JNPT. At the fourth terminal at JN port, ABG will be a minority partner holding 26 per cent stake, with PSA to hold the majority.


During the month, NTPC awarded contract for the supply of supercritical steam boilers and turbines and generators. The company plans to buy nine units of 800 MW supercritical units for its 12th Plan projects envisaged at Lara in Chhattisgarh, Darlipalli and Gajmara in Orissa and Kudigi in Karnataka. BGR Energy Systems-Hitachi combine has bagged an order worth Rs 3,600 crore for supply of four units of 800 MW steam turbine and generator units. Doosan Heavy Industries and Construction Co has emerged as L1 bidder and BHEL as L2 bidder for an order worth Rs 10,000 crore for the bulk supply of 800 MW supercritical boilers. As per the terms of the tender document, Doosan and BHEL will share orders for NTPC's projects. While Doosan will get orders for the supply of five boilers, the balance of four boilers will go to BHEL. However, a formal announcement is yet to come in case of award of contract for supercritical boilers.


Orders Bagged by Industry_ProjectsToday

In September, around four contracts worth Rs 1,050 crore were finalised in the foreign shores. Among these, L&T Hydrocarbon bagged a project order valued around Rs 700 crore from the Petroleum Development Oman LLC (PDO). The order is for setting up a greenfield project planned to treat an average of 3 mmscmd of gas in Oman. The concept for the Lekhwair Gas Field development project is a single train gas plant for exporting treated gas (CO2 removed and dehydrated gas) to the Government Gas Plant in Yibal and unsterilised condensate and water to the existing Lekhwair Production Station. Lekhwair is located approximately 110 km from the Yibal Government Gas Plant and its associated network. The project includes main gas treatment plant consisting of gas desulfurisation and gas dehydration units with required utilities and supporting facilities as well as flow lines well pad piping, remote manifold station, liquid and gas export pipelines.


Maximum number of contracts were finalised in Power Distribution and Electrical Machinery sectors. Jyoti Structures secured two contracts from PGCIL for setting up of 400 kV transmission lines connecting generation projects in Sikkim to West Bengal and for setting up 765 kV sub stations at Jabalpur in Madhya Pradesh and Nellore in Andhra Pradesh on turnkey basis. IVRCL bagged around 16 orders worth Rs 2,557 crore across Power, Roadways, Power Distribution, Water, Mineral Fuels and, Petroleum Products (Refinery) sectors.



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