Projects Info | 28th Jan - 3rd February 2008

News extra

Govt plans hydro projects
Following the success of coalbased ultra-mega power project (UMPP), the government is now planning ultra-mega hydel projects. It is considering to replicate the model in the hydro sector by inviting tariff-based bidding for ultramega hydro projects. The move is aimed at harnessing the true potential of the country's hydro sector and facilitating fast project development. "A new UMPP scheme for hydro projects may soon be announced by the power ministry. Already, a task force on hydro power set up under the directions of Prime Minister's Office (PMO) has given approval for starting UMPP for the sector and the Central Electricity Authority (CEA) has formulated guidelines for implementing it," an official of the power ministry said.

The UMPP scheme is currently applicable only to 4,000 MW and above 'thermal' power plants. Under it, tariff-based bidding is invited by shell companies floated by Power Finance Corporation (PFC). The proposed UMPP scheme for hydro projects would follow a similar model with PFC being designated the nodal agency responsible for forming shell companies and inviting and finalising bids. The shell companies would also have representation from National Hydro Electric Power Corporation (NHPC), CEA and the power ministry.

Allison plans unit in India
US-based auto component maker Allison Transmission will come up with a manufacturing facility along with a customisation centre in India. The company is currently studying the Indian market in line with its strategy to expand global manufacturing footprint. "Currently, we are evaluating a number of locations in Asia for setting up manufacturing facility as a part of which we are conducting a feasibility study in India as well," Allison Transmission International Marketing Sales and Service Michael G Headly said. In India, Allison caters to original equipment makers like JCB, Tata, Sutlej and Ashok Leyland for on-highway and off-highway automatic transmissions and also provides hybrid propulsion systems for city buses. It had also been in talks with other OEM makers to expand the customer base.

L&T gets Cairn-ONGC order
Larsen and Toubro Ltd has bagged two major contracts worth Rs 1,300 crore from Cairn India- ONGC joint venture for the construction of civil works and the consolidated construction works for the Northern Area Development Project located near Barmer in Rajasthan. Cairn India and ONGC are getting ready for oil production in 2009 from one of the 15 blocks they are working on. The scope of the work covers the development of infrastructure facilities, the construction of 18 well pad structures, detailed engieering and construction of all civil and electromechanical works at the Mangala and Raageshwari fields, offsite infrastructure facilities, supply, installation and commissioning of 33 KVA high voltage power line system and the telecom network.

Abhijeet to set up steel plant
Abhijeet Group with its significant presence in core sector industries of Power, Roads, Steel, Mining and Ferro Alloys has taken up plans of setting up of a 2.5 mtpa steel plant in Kharswan district of Jharkhand. At present the process of land acquisition is in progress. Mecon Ltd, who have been appointed as project consultants are preparing the feasibility report. The equipment suppliers are not yet appointed. The project is to be implemented for Rs 9200 crore. Civil works are to start soon and will be completed within 48 months. The proposed steel plant will be totally backward integrated due to the availability of captive coal and iron ore from its mines, says the company's General Manager-Steel Projects, Anup Behera.

Foster Wheeler bags IOCL Paradip contract
Foster Wheeler Energy Ltd and Foster Wheeler India Pvt Ltd, a global company offering a broad range of engineering, project development and management, construction, manufacturing, research and plant operation services have bagged major contracts from IOCL for Paradip Refinery. Civil works will start soon on this project, the largest integrated export refinery and petrochemicals complex at Paradip in Orissa. The project works include front-end engineering design (FEED), preparation of cost estimates and the overall project strategy, and supervision of early works on site up to financial investment decision for the refinery. The proposed refinery will have 15 million tonnes per annum crude processing capacity and will include a fluidised catalytic cracking unit with an aromatics complex and a polypropylene unit. This new complex will produce 700,000 TPA of polypropylene, 1.2 million TPA of paraxylene, 600,000 TPA of styrene monomer, along with 10.5 million TPA of refined petroleum products. The unit is to be commissioned by mid 2008.

Ahluwalia Contracts India Ltd
Ahluwalia Contracts India Ltd have bagged work orders for upgradation and renovation of the S P M Swimming Pool Complex in New Delhi from the Government of India. The value of the contract is Rs 230 crore. Civil works will start by the end of this month and will be completed by June 2009. The firm has also bagged work orders from Chalet Hotel Ltd (K Raheja Corp.) of Mumbai for Renaissance Phase- III. This contract includes civil and structural work of this hotel. Work is to be completed by December 2009. The value of the contract is Rs 111 crore.

Work on Posco plant to begin
Posco India is hopeful of starting construction work on its proposed 12 million tonne steel plant on April 1."The groundbreaking ceremony for the steel plant will be held as per schedule on April 1, and if opposition continues from the residents of Dhinkia village, we will exclude that from the project area," the Posco India Chairman-cum- Managing Director, Soung-Sik Cho, told. "We can go ahead with the construction of the first phase of the steel plant by excluding Dhinkia," Cho said. The first phase construction of the steel plant would be completed by 2012, two years behind the original schedule, according to Cho.



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