Page 52 - Construction_Opportunities_August_2024

CONTRACT AWARDED
BUSINESS BUZZ NBCC (India) Limited has been Patel Engineering Consortium Wins Ashoka Buildcon has been announced

Value `15,000 cr
Value `317 cr
Value `1281 cr
NBCC India Ltd Secures Order Worth
Ashoka Buildcon Declared L-1 Bidder
by MMRDA for `1,281 Crore Projects.
Maharashtra Government Project
`15,000 Crore
Worth `317.60 Crore.
granted a work order by the Srinagar
projects awarded by the Mumbai
Government of Maharashtra, has
Development Authority for the
Metropolitan Region Development
development of a Satellite Township The Office of the Executive Engineer, as the lowest bidder for two significant
awarded Patel Engineering Ltd (PEL)
covering 406 acres at Rakh-e-Gund and its joint venture (JV) partner a Authority (MMRDA), totaling `1,280.8
Akshah, Bemina, Srinagar, Jammu `317.60 crore contract. The project crore.
& Kashmir. The project is valued at involves the construction of water The first project entails the design and
construction of a creek bridge from
approximately `15,000 crores. lifting arrangements for the first stage Kolshet to Kalher, with a completion
of the Jigaon project, including civil, deadline of 42 months. Ashoka
mechanical, and electrical works. Buildcon’s bid for this contract is
Value `331 cr The scope of the contract `289.60 crore.
encompasses the construction of The second project involves the design
Vascon Engineers Secures `331 Crore water lifting infrastructure, including and construction of a creek bridge
Contract for Medical College in approach channels, rising mains, from Gaimukh to Payegaon, set to be
Sindhudurg completed within 36 months. The bid
Vascon Engineers Limited has secured pumping machinery, and switchyards. price for this contract is `991.20 crore.
a `331.38 crore contract from the Chief The project, which is set to be
Engineer of the Public Works Regional completed within 24 months, will be
Department, Konkan Mumbai. The executed as a joint venture, with PEL Value `191 cr
project involves the construction of holding a 35% share.
a medical college for 100 students, This major infrastructure project aims Rail Vikas Nigam Ltd. Receives LoA
for `191.53 Crore Order
a 500-bed hospital, and associated to enhance water management Rail Vikas Nigam Limited (RVNL) has
buildings in Sindhudurg. capabilities in the state of
The contract, awarded on an EPC Maharashtra and includes all related received a Letter of Acceptance from
SER HQ ELECTRICAL/SOUTH EASTERN
(Engineering, Procurement, and civil, mechanical, and electrical RAILWAY for a major project. The order
Construction) lump sum basis, excludes components. involves the “Design, Supply, Erection,
GST and is set to be completed within Testing & Commissioning of a 132
30 months from August 12, 2024. KV Traction Substation, Sectioning
Vascon Engineers received the official Value `142 cr Posts (SPs), and Sub-Sectioning Posts
Letter of Acceptance for the project Power Mech Projects Limited Secures (SSPs) in a 2x25KV System along the
today.
`142.50 Crore Order Rajkhaswan-Nayagarh-Bolani section
Power Mech Projects Limited has been of the Chakradharpur division of South
Eastern Railway, aimed at achieving
Value `463 cr awarded a contract valued at `142.50 a 3000 MT loading target on an EPC
crore for the “Revival of Phase II (2 x basis.The total cost of the project is
Gensol Engineering Wins `463 Crore 350 MW)” of Meenakshi Energy Limited, `191.53 crore, including applicable
EPC Contract for Solar Plant at situated in Nellore district, Andhra taxes.
Gujarat’s Khavda RE Power Park Pradesh.
Gensol Engineering Ltd. a leader in
solar power engineering, procurement, Value `27,000 cr
and construction (EPC) services, as Value `160 cr Adani Power Wins Bid for stressed KSK
well as the electric mobility sector, has Mahanadi Project at `27,000 Crore
received a Notification of Award for the BL Kashyap Secures `160 Crore Order Adani Power has emerged as the
design, procurement, erection, testing, BL Kashyap & Sons Limited has bagged top bidder for the distressed 1,800
and commissioning of a solar plant at a `160 crore order from Suruchi megawatt (MW) KSK Mahanadi thermal
Khavda RE Power Park in the Rann of Properties, a subsidiary of Century power project in Chhattisgarh, with a
Kutch, Gujarat. The project, valued at Real Estate Holdings. BL Kashyap will bid of `27,000 crore. This bid ensures a
`463 crores, will feature a state-of-the- undertake civil, structural, and allied 92% recovery for the lenders involved.
art fixed tilt module mounting structure works for a residential building project The KSK Mahanadi project is currently
along with the remaining balance of in Kodihalli, Bengaluru. The project is under insolvency proceedings at the
system. slated for completion within 20 months. National Company Law Tribunal (NCLT).

52 CONSTRUCTION OPPORTUNITIES|AUGUST 2024