In November 2014, a total of 111 domestic and overseas contracts valued at Rs.14,333.43 crore were awarded. These contracts were bagged by 89 companies in various sectors. Of these 111 contracts, 103 were domestic and eight were overseas. This is based on data compiled by ProjectsToday.
The largest contract of the month was finalised by Dedicated Freight Corridor Corporation of India Ltd. It involved two packages of the Eastern Dedicated Freight Corridor project envisaging the construction of a 417-km long double track railway line from Mughalsarai to New Bhaupur (near Kanpur), Uttar Pradesh, on EPC basis. The Eastern Dedicated Freight Corridor extends from Ludhiana in Punjab to Dankuni near Kolkata in West Bengal.
DFCCIL received five bids for the project wherein the GMR Infrastructure-led consortium of GIL-SEW-ETF France-STUP emerged as lowest bidder in the International Competitive Bidding. The project was scheduled for completion in 45 months.
The second largest contract, valued at Rs.1,370 crore, was bagged by Ricoh India, a part of the Tokyo-headquartered Ricoh Group, and Telecommunications Consultants India, for modernising 1,29,000 post offices through automation (rural information and communication technology). The five-year contract was placed by Department of Posts, Government of India. Under the agreement, Ricoh India will supply, install and maintain hardware, peripheral devices and operating system for the entire solution and also provide maintenance services.
In the third largest contract of the month, valued at Rs.950 crore, L&T will install 6,000 close circuit television cameras across Mumbai as part of the surveillance project for the city. The order has been placed by the Home Department, Government of Maharashtra, in what was its fourth attempt to seek bids for the project.
Meanwhile, the road sector saw finalisation of 21 new contracts worth Rs.2,443.25 crore. The largest contract, worth Rs.666 crore, finalised by the Ministry of Road Transport and Highways and bagged by Punj Lloyd, entailed the rehabilitation and upgradation to 2/4-lanes of a 90.586-km stretch between Bhutan border at Pasakha and Bangladesh border at Changrabandha. The project was scheduled for completion in 30 months.
During the month, 17 fresh contracts worth Rs.2,020.41 crore were awarded in the power distribution sector. PGCIL secured 11 of the 17 contracts. The largest contract worth Rs.222.61 crore went to Siemens for substation package P224-GIS-1 for the 400/220kV GIS (new) substation at Rajarhat under the transmission system associated with Eastern Region Strengthening Scheme-V in Kolkata, West Bengal. The package included 2×125 MVAR 400kV bus reactors, 2×80 MVAR 400kV line reactors and 2×500 MVA 400/220kV auto transformers.
In November 2014, Indian companies bagged eight overseas contracts worth Rs.923.21 crore from countries like Brazil, Philippines, Sri Lanka, Uganda, Nepal, Germany and Paraguay. These contracts were spread across heavy and light commercial vehicles, oil and gas, water sewage and effluent treatment, power distribution, hospitals, roadways and computer software sectors.
Ashok Leyland won the largest overseas contract worth Rs.488.62 crore for supply of trucks, buses, LCVs, spares and allied support services (includes training and development consultancy) to entities in Tanzania and Zimbabwe.
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