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Monday, 11 Oct 2010
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 September sees 66 contracts
 Second quarter passes by without a stir
 

 

July - Sept 2010

 

Orders & Contracts bagged by Indian companies in the second quarter of the current fiscal 2010-11 indicate tardiness in finalisation of contracts by the awarders, mostly the government agencies.

 

In all, the quarter (July - Sept 2010) saw 149 orders worth Rs 43,578 crore being awarded. This was not only less than such orders awarded in the preceding quarter (April - June 2010) but also was far less than the statistics observed in the second quarter of the fiscal 2009-10. While during April - June 2010, 185 contracts worth Rs 51,469 crore were awarded, during the second quarter of 2009-10, 200 orders worth Rs 65,415 crore were bagged by Indian companies.

 

Orders & Contracts Bagged by Sectors
Sectors
Contracts
Rs Crore
Share (%)
Airways (Aviation Infrastructure)
1
200
1.49
Automobile Ancillaries
1
0
0
Cement
1
900
6.69
Coal/Lignite Based Power
6
4575
34.01
Commercial Complexes
1
60
0.45
Crude Oil/POL Pipeline
1
200
1.49
Finished Steel
1
11
0.08
Gas Pipeline
3
202
1.5
Hotels & Restaurants
1
89
0.66
Hydel Based Power
2
660
4.91
Machinery
1
0
0
Mineral Fuels
1
35
0.26
Mining
1
120
0.89
Other Community Services
3
230
1.71
Petroleum Products [Refinery]
2
21
0.16
Power Distribution
4
698
5.19
Railways
2
493
3.66
Real Estate
10
481
3.57
Roadways
17
3,153
23.44
Software Parks
1
11
0.08
Waste Based Power
1
48
0.36
Water & Sewerage Pipeline & Distribution
3
117
0.87
Wind Based Power
2
1,149
8.54
Total
66
13,453
100.00

The largest project work award in the latest quarter ended Sept 2010 was bagged by L&T for setting up the 1,980 MW Karchana power plant at Rs 6,500 crore. Power equipment manufacturer BHEL bagged two mega contracts - a Rs 2,665 crore order for 1,200MW (2x600) thermal power plant in Chhattisgarh and a Rs 2,525-crore contract for the 1,080 MW Latehar power project.

 

No progress was seen either in overseas contracts during the second quarter of 2010-11 as compared to the same period of 2009-10. As against 17 contracts in the last year, 16 were bagged in the current year.

 

Punj Lloyd secured the largest overseas contract worth Rs 2,152.95 crore from Abu Dhabi Gas Development Company for gas gathering package as part of a programme to develop the Shah sour gas reservoir in this quarter while Ircon International was given a project to build a railway line and telecommunication system in Sri Lanka.

 

September 2010

 

September 2010 witnessed a total of 66 contracts worth Rs 13,452.15 crore, of which six were won on foreign shores.

 

Of the total, Rs 7,130.38 crore worth of 15 contracts were given in the Power sector. Two major contracts were awarded by Visa Power for its 1,200 MW coal based power plant in Raigarh district of Chhattisgarh. BHEL clinched a Rs 2,665 crore contract for design, engineering, manufacture, supply, erection, testing and commissioning of boilers, steam turbines and turbo-generators for the plant while a Rs 1,610-crore contract was won by L&T for BTG and BOP civil, structural and architectural works; coal and ash handling plants etc.

 

Techno Electric & Engineering Company gave away a contract worth Rs 1,149 crore to Suzlon Energy for supply of 24 units of S88 2.1 MW wind turbine generators (WTGs), 34 units of S82 1.5 MW WTGs and 48 units of new S95 2.1 MW WTGs for plant in Tamil Nadu.

 

The Roadways sector saw 17 contracts being bagged worth a sum of Rs 3,153.46 crore. IVRCL Infrastructures & Projects managed to clinch two key contracts of the month from the Maharashtra Government. The first Rs 1,500-crore worth contract was for improvement of Sion-Panvel Special State Highway (under BOT) from B.A.R.C. Junction Ch 140/690 to Kalamboli Junction Ch 115/800 of the Pune-Mumbai expressway. The second contract valued at Rs 750 crore was for four-laning and improvement of Karanji-Wani-Ghuggus- Chandrapur Road State Highway - 6&7 in Yavatmal and Chandrapur district.

 

 

 


 

 
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