Entries in the ‘Orders’ Category:

Valecha Engineering bags Projects worth Rs 255.00 Crores

Valecha Engineering Ltd a Leading Infrastructure Development Company has recently bagged two New Projects worth Rs. 255.00 crores approximately.
The company has secured a BOT Highway Project worth Rs. 200.00 crores at Madhya Pradesh and Piling works worth Rs. 55.00 cores at Orissa for Indian Oil Corporation refinery.
VEL has an organization structure in place with professional management and latest state-of-art machinery with a constant up gradation as a corporate philosophy. The Company is well positioned for rapid growth with the infrastructure being given the necessary attention in the economy since the recent past.

Valecha engineering has bagged orders worth Rs.255 crores. I have invested early in this company.

Valecha Engineering Ltd a Leading Infrastructure Development Company has recently bagged two New Projects worth Rs. 255.00 crores approximately.

The company has secured a BOT Highway Project worth Rs. 200.00 crores at Madhya Pradesh and Piling works worth Rs. 55.00 cores at Orissa for Indian Oil Corporation refinery.

VEL has an organization structure in place with professional management and latest state-of-art machinery with a constant up gradation as a corporate philosophy. The Company is well positioned for rapid growth with the infrastructure being given the necessary attention in the economy since the recent past.

Supreme Infrastructure gets Orders

Supreme Infra has won 2 orders today.

Here is the transcript of Director of supreme infra with CNBC Tv

Supreme Infrastructure has bagged two orders worth Rs 405 crore. In an interview with CNBC-TV18, Vikas B Sharma, Whole Time Director of spoke about the nature of the order.

Here is a verbatim transcript of an exclusive interview with Vikas B Sharma on CNBC-TV18. Alos watch the accompanying video.
Q: Take us through these orders, how long do they last? What kind of margins will they bring?
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Supreme Infra bags 2 orders worth Rs 405cr; stk up
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A: These are two orders which would be awarded to the company. One is in the road segment and other is in the power distribution part of it. The road contract is going to be awarded by Punjab Government for the bypass for the entire Ludhiana town. The entire stretch is to be constructed in the two year period. This is a contract worth Rs 330 crore and the major part of it is the structural part which gives us the alignment of the Sizwan Canal, which is a very important canal in Punjab.
The strategic part is that we have to construct structures worth Rs 150 crore in the entire project. So the entire project is going to give us an EBITDA of somewhere around 16-17% on a minimum basis. The turnover and the revenue from this contract starting from April to next financial year would be about 60% of the contract size. Hence, we would be talking to somewhat Rs 100-110 crore by next financial year and the other project is into power distribution. We have quoted this contract at 18% above the estimated cost that is the estimated cost of the Maharashtra State Electricity Distribution, we have to erect the transformers and do the cabling and b erections in these contracts and we have to transform the power generation from the generation point to the grid part of it and upon the commissioning we will be raising bill to the department and thereby we would be releasing payments for the work done.
Q: What is your total order book in all these three segments, the road, power and railways? You had said earlier that your railways project would commence by March 2010, is that timeline still intact?
A: Yes that is still intact. We had some rail projects in process which were in cost about Rs 30 crore that entire phase would be done by the end of this financial year, March 2010. The overall order book accounting into these contracts awarded today comes to Rs 1470 crore. Out of the existing order book, 58% is been dominated by the roads, bridges and power project comes to somewhere around 10% of the overall order book because apart from these there are three more packages where in we are awaiting for the work orders.
Q: How much will it take your order book to?
A: The order book would touch about Rs 2,000crore.
Q: What kind of revenue uptick do you expect in next couple of quarters? You did about Rs 125 crore in third quarter. When would all of this start to trickle in?
A: We have recently got the orders. So, we would be mobilizing and our self would be starting of next financial year that is mid-April. We expect 50% of sales to be booked form both these contracts by the next financial years, but for the first quarter we are expected to be somewhere around 10-15%.
Q: What do you expect this order book to last you? How long will you take to execute Rs 1500 crore order book?
A: That is to be executed over a period of two years. There are certain contracts which are worth around Rs 600 crore. This is the spill over order book and the ongoing projects. So that order book should be completed by us in the second quarter of the next financial year that is September 2009. We are targeting somewhere around Rs 800 crore for the next financial year. This is on the minimum side of it with the orders that we have in hand.

Supreme Infrastructure has bagged two orders worth Rs 405 crore.

Vikas B Sharma, Whole Time Director of spoke about the nature of the order.

Here is a verbatim transcript of an exclusive interview with Vikas B Sharma on CNBC-TV18.

Q: Take us through these orders, how long do they last? What kind of margins will they bring?

A: These are two orders which would be awarded to the company. One is in the road segment and other is in the power distribution part of it. The road contract is going to be awarded by Punjab Government for the bypass for the entire Ludhiana town. The entire stretch is to be constructed in the two year period. This is a contract worth Rs 330 crore and the major part of it is the structural part which gives us the alignment of the Sizwan Canal, which is a very important canal in Punjab.

The strategic part is that we have to construct structures worth Rs 150 crore in the entire project. So the entire project is going to give us an EBITDA of somewhere around 16-17% on a minimum basis. The turnover and the revenue from this contract starting from April to next financial year would be about 60% of the contract size. Hence, we would be talking to somewhat Rs 100-110 crore by next financial year and the other project is into power distribution. We have quoted this contract at 18% above the estimated cost that is the estimated cost of the Maharashtra State Electricity Distribution, we have to erect the transformers and do the cabling and b erections in these contracts and we have to transform the power generation from the generation point to the grid part of it and upon the commissioning we will be raising bill to the department and thereby we would be releasing payments for the work done.

Q: What is your total order book in all these three segments, the road, power and railways? You had said earlier that your railways project would commence by March 2010, is that timeline still intact?

A: Yes that is still intact. We had some rail projects in process which were in cost about Rs 30 crore that entire phase would be done by the end of this financial year, March 2010. The overall order book accounting into these contracts awarded today comes to Rs 1470 crore. Out of the existing order book, 58% is been dominated by the roads, bridges and power project comes to somewhere around 10% of the overall order book because apart from these there are three more packages where in we are awaiting for the work orders.

Q: How much will it take your order book to?

A: The order book would touch about Rs 2,000crore.

Q: What kind of revenue uptick do you expect in next couple of quarters? You did about Rs 125 crore in third quarter. When would all of this start to trickle in?

A: We have recently got the orders. So, we would be mobilizing and our self would be starting of next financial year that is mid-April. We expect 50% of sales to be booked form both these contracts by the next financial years, but for the first quarter we are expected to be somewhere around 10-15%.

Q: What do you expect this order book to last you? How long will you take to execute Rs 1500 crore order book?

A: That is to be executed over a period of two years. There are certain contracts which are worth around Rs 600 crore. This is the spill over order book and the ongoing projects. So that order book should be completed by us in the second quarter of the next financial year that is September 2009. We are targeting somewhere around Rs 800 crore for the next financial year. This is on the minimum side of it with the orders that we have in hand.

Era Infra Engineering bags Rs.500 crore Order

Era Infra Engineering has bagged orders worth Rs.500 Crores

Orders:

1. “Main Plant, CW, Make-up, Offsite Civil Works Chimney & Chimney Elevator” Package for Nabinagar Thermal Power Project (4×250 MW) at Nabinagar, District Aurangabad, Bihar by Bharatiya Rail Bijlee Company Ltd. (BRBCL) (A subsidiary of NTPC Ltd.) valued at Rs. 369.70 crores.

2. “Cast in Situ RCC Bored Piling in SMS III complex (Pkg No. 033A1) at BSP, Bhilai” valued at Rs. 59.48 Crores (approx) from Steel Authority of India Ltd., Bhilai.

3. Construction of 10 Buildings under OBC reservation Package -II CPWD- BHU, Varanasi valued at 51.14 Crores (approx).

4. Contract from Rural Electrification Authority, Lusaka Zambia, in association with Chamb Investment Ltd, for the supply, delivery, installation and commissioning of Electicity Grid Extension and Transformers in selected Areas of Zambia valued at Rs. 28.56 Crores (approx).

Lanco Infratech gets 5600 crores order

Lanco Infratech gets 5600 crores order

News from Source

Lanco Infratech Ltd has announced that the Company was awarded Contracts totalling value of Rs 5,675 Crores (Rupees Five Thousand Six Hundred and Seventy Six Crores).

The company has secured one Contract for Offshore Supplies equivalent to Rs. 2,160.00 Crores and the Second for Civil Works of Rs. 1,021.68 Crores.

The Third contract is for Onshore Supplies of Rs. 1,756.44 Crores and the Fourth is for Services of Rs. 283.80 Crores.

The Fifth contract is for Non-EPC of Rs. 454.08 Crores by Lanco Mahanadi Power Pvt. Ltd, a Subsidiary of the Company, in connection with the setting up of their Pulverized Coal Fired Power Plant of 2 x 660 MW Capacity to be located in the State of Maharashtra.

IVRCL Infrastructure wins Road Projects worth 1500 Crores

IVRCL Infrastructure Group secures Road Project worth Rs 1550 Crores

IVRCL is one among the top infra companies in India

IVRCL Infrastructures & Projects Limited has bagged road project of the value of Rs 1550 crores for “Design, Engineering, Construction, Development, Finance, Operation and Maintenance of Indore-Jhabua-Gujarat/MP Border section of NH 59 (Km 9.500 to Km 171.10) in the State of Madhya Pradesh under NHDP Phase III on Design, Build, Finance, Operate and Transfer (DBFOT) Basis” awarded by National Highways Authority of India under International Competitive Bidding. The concession period is 25 years, including construction period of 2 1/2 years.

The project corridor is located in the State of Madhya Pradesh and passes through Indore, Dhar and Jhabua and is part of NH 59 which leads to Ahmedabad thus connecting to Gujarat. The project will be the shortest connecting road between Indore and Ahmedabad.

The scope of work includes rehabilitation, up-gradation and widening of the existing carriageway from 2 lane carriageway to 4 lane standards with construction of new pavement construction and / or rehabilitation of major and minro bridges, culverts, road intersections, interchanges, drains etc. and the operation and maintenance thereof. Project length (considering bypasses and realignment) is 155 km.

The order book position of the company is over Rs 22000 crores including L1 and the order book is well diversified region wise and sector wise.

Punj Lloyd order from Tecnicas

Punj Lloyd Ltd has informed that the Company has received an order from Tecnicas Reunidas, Spain for an approx. value of US Dollar 108 million towards mechanical works on 2 Offsites & Utilities Project of Abu Dhabi Polymers Company, UAE.

The scope of the work involves Steel Erection, Piping Fabrication & Erection, Equipment Erection, Painting & Insulation.

Madhucon bags order

Madhucon bags Rs 989 cr order for setting up power plant in AP

 Infrastructure builder Madhucon Projects on Monday said it has bagged an order worth Rs 989.5 crore for setting up a thermal power plant at Nellore district in Andhra Pradesh.
The plant is of 2×135 MW and the project is expected to be completed in 26 months, the company said in a filing to the Bombay Stock Exchange.
Madhucon’s energy division has also entered into a memorandum of understanding with Jharkhand State Government for setting up a 1,000 MW thermal power plant at a total cost of Rs 4,800 crore.
The company has also been awarded two hydel power projects by Arunachal Pradesh for setting up of a 165 MW and 150 MW in Etabu and Elango.
Madhucon’s property division has also taken up a commercial venture consisting of hotel, shopping mall, office complex and cineplex at a total cost of Rs 900 crore.

ABG Shipyard gets order worth Rs 585 crore

Shipbuilder ABG Shipyard has won an order worth Rs 585 crore from Sealion Shipping Ltd on behalf of Toisa Ltd, it said on Friday.

The total order book of ABG stands at about $2.44 billion, it said in a notice to the stock exchange

L&T bags Rs 576 Crore order from HPCL

Larsen & Toubro Ltd (L&T) has announced that the Company has been awarded a Rs 576 crore order by Hindustan Petroleum Corporation Ltd (HPCL).

HPCL has awarded L&T a large project order of 200,000 Tonnes per annum Lube Oil Base Stock (LOBS) Plant consisting of Raffinate Hydrotreating Unit (RHT), Mobil Selective Dewaxing Unit (MSDW) & Hydro Finishing Unit (HF). This would enable HPCL to produce high quality Group II & III Lube Oils, which are higher value-added petroleum products.

HPCL, which operates one of its biggest refineries located at Mahul, Mumbai in the state of Maharashtra, India, intends to set up this LOBS Plant as a part of their Quality Upgradation project and have awarded the order on Lumpsum Turnkey (LSTK) basis to L&T. Jacobs Engineering India Pvt Ltd has been retained by HPCL to provide services for Project Management Consultancy (PMC) and ExxonMobil Research and Engineering (USA) is the process licensor.

The scope of work for this prestigious LSTK order, valued at INR 576 Crore, includes Residual Process Design, Detailed Engineering, Procurement, Supply, Transportation, Storage, Fabrication, Inspection, Construction, Installation, Testing, Mechanical Completion, Pre-Commissioning, Commissioning and Performance Guarantee Test Runs for the said Project.

The order was bagged by L&T’s E&C Division’s Refinery Projects Business Unit against keen competition on the strength of its track record of having executed several high operating pressure refinery projects, meeting exacting refinery quality requirements and conforming to stringent delivery schedules

BHEL gets Rs 2,030cr order from Rail Bijlee

Bharat Heavy Electricals (BHEL) has bagged a Rs 2,030 crore contract from Bhartiya Rail Bijlee Company (BRBCL) — a joint venture company of NTPC and Indian Railways — for the supply and installation of the main plant package for the upcoming 1,000 Mw Nabinagar thermal power project in Bihar.

BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning of steam generators with electrostatic precipitators and associated auxiliaries, turbine generators and associated auxiliaries and controls & instrumentation (C&I) system

Simplex Projects – Award of Contract

Simplex Projects Ltd has informed BSE that the Company has been awarded the contract for Development and Management of Multi-level Car Parking Project at Salt Lake, Kolkata under
Built Operate and Transfer (BOT) basis under joint venture with Kolkata Metropolitan
Development Authority.

The project consists of Multi-level Car Parking for about 600 cars and a commercial complex and is to be completed within a time span of 18 months. The Company is signing the
Concession Agreement on March 06, 2008 in respect of the above project with the Kolkata
Metropolitan Development Authority.

The Company is also entering into a Memorandum of Understanding with the Future Group in respect of the leasing of the Commercial Complex

Pratibha Industries secures contract

Pratibha Industries Ltd has informed that the Company has secured a contract for ‘Construction of 900 MLD capacity water pumping station at Bhandup Complex’ from Municipal Corporation of Greater Mumbai. The project is in joint venture with Kirloskar Brothers Ltd. The total value of the contract is Rs 53.81 crores.

The project involves ‘construction of 900 MLD capacity water pumping station at Bhandup Complex under IV Mumbai Water Supply Project of Municipal Corporation of Greater Mumbai’. The project is to be executed in 30 months.

The Company is engaged in the business of infrastructure and manufacture of SAW pipes. As the Company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies

Petron Engineering – Receipt of Letter of Intent from Sterlite Industries

Petron Engineering Construction Ltd has informed that the Company has received a Letter of Intent from STERLITE INDUSTRIES (I) LTD., for Supply, Fabrication, Testing and Erection of Converter Duct, ; Wet ESP — Structural & Mechanical Items; Dismantling of Converter/ISA ESP; Evaporator Bundle & Roof Removal and Re-fixing as turnkey package for the copper Smelter Plant at Tuticorin for a total order value of Rs 5,20,00,000/- (Rupees Five Crores Twenty Lakhs Only).

Advanta India

Advanta India Ltd has announced that the Company, through its subsidiaries has acquired 100% business of GARRISON & TOWNSEND, LP, (“GT”) Hereford, Texas, USA for a consideration of US$ 10.5 million.

GT has strong presence in Grain Sorghum about 32% of its revenue, forage sorghum, BMR sorghum and Sorghum — Sudan about 67% of its revenue. The fiscal year 2007, GT achieved a sale of about US$ 11 million. This acquisition bolsters the Company’s presence into Sorghum in USA in particular and strengthens the Advanta’s presence in sorghum world wide, in general.

GT is a hybrid gain and forage sorghum research, production, conditioning marketing and selling Company. Its products are marketed throughout the United States as well as in Italy, Israel, Pakistan, Mexico, Central America, South America and Japan. Ten largest customers of GT contribute about 60% of its revenue.

GT is efficiently operated with 27 full-time employees with additional hands and contractors during peak production and processing season.

IVRCL secures irrigation works valued Rs 478.48 crores

IVRCL Infrastructures & Projects Ltd has informed that the Company bagged irrigation works of the value of Rs 478.48 Crores from Narmada Valley Development Authority, Bhopal for execution of “Canal system of Indira Sagar Project Phase-III, Sanawad District, Madhya Pradesh, for a total length of 46 Kms of the canal and 5 Kms of tunnels including distribution network upto 40 ha chak for irrigation culturable command area of about 20700 ha on turn key basis comprising the work of survey, planning, design, estimation, reparation of land acquisition cases, forest case and its clearance, shifting of H.T. and L.T, electric lines. Construction of canal by excavation / earth work, cement concrete lining with paver machine, all inline concrete structures like V.R.B / D.R.B / N.H.B/ S.H.B/ C.D. WORKS. Aqueducts, super passages, falls, head / cross regulators, escapes, outlets etc, wherever required and commissioning of canal system.

The above project is expected to be completed over a period of 48 months.