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Monday, 14 Sep 2009
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Surge in contract awarding continued in August
Larsen & Toubro bags month's largest contract

 

ProjectsToday observed that in the month of August 2009, 74 contracts worth a total Rs 28,771.25 crore were bagged by Indian companies from the domestic and overseas markets. Of the nine overseas contracts, Larsen & Toubro (L&T) and KEC International managed to bag seven in the Power Distribution sector. L&T won four contracts worth a total Rs 1,044 crore from Qatar Petroleum, Dubai Electricity & Water Authority, Oman Electricity Transmission Company and Kahramaa. The contracts involved construction of gas insulated substations in Qatar, Dubai, Nakhal Area of Oman and Doha. KEC's overseas contracts were for turnkey transmission lines in Kuwait, Oman and Abu Dhabi.

 

Of the 65 domestic contracts, the Power sector saw 19 contracts worth a sum of Rs 13,491 crore. Among the 19 contracts, the largest one worth Rs 4,000 crore was bagged by L&T. The engineering giant secured this contract from Jaiprakash Power Ventures for supplying power equipment, supercritical units, boiler and steam turbine generators for the 1,320 MW thermal power project coming up at Nigrie in Singrauli district of Madhya Pradesh. L&T bagged two more contracts in this sector from Neyveli Lignite and UP Rajya Vidyut Utpadan Nigam.

 

The Union Government owned BHEL bagged three contracts worth Rs 5,420 crore. Of the three, two were large in value. The first one, a Rs 2,630 crore contract was awarded by Monnet Power Company for design, manufacture, supply, erection of steam turbines, generators and boilers for its upcoming 2x525 MW thermal power project at Malibrahmani and the second one a Rs 2,600 crore contract was awarded by Jindal India Thermal Power for the 1,200 MW thermal power project at Derang in Angul district of Orissa.

 

The Mineral Fuels sector witnessed four contracts aggregating Rs 5,378.45 crore. Of the four, the highest value contract worth Rs 5,300 crore was awarded by ONGC to L&T for the Mumbai High North process platform and living quarters project.

 

Orders & Contracts Bagged by Country
 
Country
Contracts
Rs.Crore
Share (%)
Egypt
1
96
0.33
India
65
26,888
93.46
Kuwait
1
0
0.00
Oman
2
289
1.00
Qatar
2
833
2.90
UAE
2
115
0.40
Africa
1
550
1.91
Total
74
28,771
100.00

Seven road projects worth Rs 3,414 crore awarded in August 2009, bagged by IRB Infrastructure Developers, NAPC, IVRCL Infrastructures & Projects and Valecha Engineering. IRB Infra clinched two road projects worth Rs 2,000 crore from the NHAI.

 

The first, Rs 1,200 crore contract, was for developing the Pathankot-Amritsar section, while the second order valued at Rs 800 crore was for fourlaning of the Talegaon-Amravati section. NAPC secured a contract from the Chennai Metropolitan Development Authority worth Rs 1,100 crore. The company's scope of work included construction of a 62 km long Outer Ring Road, Chennai.

 

 

 
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