The Ranhill Group bagged EPC contracts
involving power plants in Chhattisgrah and Orissa.
The wholly-owned subsidiary, Ranhill
Engineers and Constructors Sdn Bhd (Ranhill Engineers), is awarded the contract
by
Dheeru Powergen for 2x350 MW coal based power unit at Dhanras village in
Korba district of Chhattisgarh. The order is valued at US$590.5 million (RM2
billion).
The contract is for the provision of
engineering, procurement and construction (EPC) for the planned power plant,
comprising US$172.5mil for onshore costs and US$418mil for offshore costs. Under
the EPC contract, Ranhill Engineers' scope of works include design, engineering,
material selection, supply to site, construction and commissioning for the
complete plant and equipment.
Ranhill Engineers & Ranhill (India)
accepted EPC contracts for a 300MW coal-fired power plant in Orissa that will be
developed by
KVK Nilachal Power. Raw water for this plant will be drawn from the Mahanadi
River, located about 7km from the project site, while coal linkage will be
obtained from Talcher of Mahandi coalfields. The contract is valued at
$242.3 million (RM820 million).
The EPC works for this project are
expected to commence by December 2007, with completion scheduled within 33
months from Notice to Proceed.