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New UserReliance Infrastructure bags Rs 3,675 crore order from NLC India
24 Nov 2016
Reliance Infrastructure Limited (RInfra) has won an EPC order for Rs 3,675 crore
from NLC India Limited for setting up two lignite based CFBC thermal power projects with a
capacity of 250 MW each, a company official said on Monday.
The power projects will be set up at Barsingsar and Bithnok of Bikaner district in Rajasthan.
"The contract entails complete engineering, procurement and construction (EPC) on turnkey
basis of 2 Nos of 1 X 250 MW Power Plant based on Circulating Fluidized Bed Combustion
(CFBC) technology. The project is to be commissioned in 40 months, and will include boiler,
turbine and generator and balance of plant," a company statement said.
RInfra won the bid amidst stiff competition against leading EPC players. Expression of Interest (EOI) for Qualification Requirement (QR)
through International Competitive Bidding (ICB) on EPC basis was floated and leading companies including RInfra, BHEL, Lanco, SEPCO
I, SEPCO III and BGR Energy participated in the bid.
RInfra bid was the lowest among the shortlisted bidders.
"This is a prestigious project for us and will add up to our existing credentials of executing big scale, complex projects in record time and at
competitive cost," said Arun Gupta, CEO RInfra EPC.
"With our experience of having executed different types of power projects, from supercritical coal fired to advanced class gas turbine to
renewable energy, this contract will augment our capability and add Neyveli Lignite Corporation a Navratna PSU in our existing illustrious
client list," Gupta said.
NLC's thermal power stations are South Asia's first lignite fired and India's first pithead based power station.
"This project has been won by us at the right time to further leverage our unparalleled comprehension of critical technology, expertise in
engineering and time bound execution in the EPC space," he said.
With a clear focus to position itself in India's growing infrastructure sector, and a plethora of projects in the offing including metro rails,
nuclear power plants, air quality control, marine, inland, railways, ports, dredging, and mega infrastructure projects, the company is
targeting EPC opportunities worth Rs 2 lakh crore planned by the Government of India.
It is aggressively bidding for over Rs 1 lakh crore of projects in this financial year to increase the EPC order book to over Rs 30,000 crore
by FY18 (201718).
RInfra EPC division has earlier executed largescale projects worth Rs 33,000 crore ($5 billion) including the ultra mega power project
(UMPP) of 3,960 MW at Sasan in Madhya Pradesh.
The company is known for its unmatched capability in executing challenging projects, through a right mix of innovation, technology and
robust processes to manage cost, time and delivering world class quality.
With its expertise and proven track record of executing challenging projects ahead of schedule, RInfra EPC division has also signed MoUs
Source:ET