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RInfra bags Rs 3,647 crore contract for thermal power project in TN
Reliance Infrastructure (RInfra) today said it has won a Rs 3,647 crore contract from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for work related to Uppur Thermal power project.
NEW DELHI: Reliance Infrastructure (RInfra) today said it has won a Rs 3,647 crore contract from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for work related to Uppur Thermal power project.
"RInfra has won a prestigious engineering, procurement and construction (EPC) contract for Rs 3,647 crore from TANGEDCO for balance of plant (BoP) package and allied civil works for 2 x 800 MW supercritical coal-based Uppur Thermal Power Project at Ramanathapuram District in Tamil Nadu," RInfra said in a statement.
The contract entails design, engineering, supply, erection, testing and commissioning of BoP package and allied civil works on EPC basis. The project is to be commissioned in 36 months.
The infrastructure major said its EPC division has won the contract in international competitive bidding amidst competition from leading EPC players like BHEL, L&T, Tata Projects and BGR.
With this contract, Reliance Infrastructure Limited's EPC order book now stands at over Rs 15,000 crore, it said.
With a clear focus to position itself in India's growing infrastructure sector, and a multitude of projects in the offing in areas as diverse as power, metro rails, nuclear power plants, air quality control, marine, railways, ports, and mega infrastructure projects, RInfra is targeting EPC opportunities worth Rs 2 lakh crore and increase the EPC order book to Rs 50,000 crore by FY19, it said.
Arun Gupta, CEO, Reliance Infrastructure Limited EPC, said, "This is a prestigious project for us and will add to our existing credentials of executing large, complex projects in record time and at competitive cost.
We will leverage our experience of execution of different types of power projects, from supercritical coal fired to advanced class gas turbine to renewable energy, in execution of this project and add TANGEDCO to our list of illustrious clients."
Recently, the company said it had secured multiple EPC orders in power sector including 2 x 250 MW lignite-based CFBC Thermal Power Project from NLC India and Flue Gas Desulphurisation works of 3 x 500 MW power plant from NTPC.
