Forays into EPC business with pilot order for 30 MW COGEN Power Plant.
Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power sector, has bagged fresh orders worth Rs 649.22 crore in the first quarter of the financial year 2008-2009.
At the end of first quarter of the present fiscal the company is holding a strong consolidated order book position worth Rs 1374.65 crores.
The company has bagged Engineering Procurement Contract (EPC) job for 30 MW works and 60 KLPD Distillery Plant with 6000 TCD sugar for Gangakhed Sugar & Energy Pvt Ltd., in District Parbhani. The work is worth Rs 329.62 crore. This is the biggest single order Sunil Hitech has bagged since its inception which marked the entry of the company into EPC business. The order is a major stepping stone for the company.
The company will be undertaking a Rs. 216 crore earthwork project for Rajwest Power Ltd. at Barmer in Rajasthan for the excavation and disposal for a Raw Water Reservoir. The quantum of excavation involved is to the tune of 80 Lacs Cum.
SHEL has bagged a 2X300MW, Unit 1&3, Boiler and TG Erection works for JSW Energy Ratnagiri Ltd., at Jaigad. A 1x250MW, Unit-2, Turbine Generator erection works for Mahagneco at Parli Thermal Power Station in Maharashtra will also be taken up by SHEL. The total value of these works is Rs 103.6 crore.
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The orders bagged by Sunil Hitech in the first quarter amounts to 64.2% of the order book position ending March '08.
About Sunil Hi-Tech Engineers Ltd.
Sunil Hitech Engineers Ltd. (SHEL) specializes in fabrication, erection, testing and commissioning of Thermal Power Plants with high precision quality and timeliness. SHEL offers a diversified assortment of products and services catering to the Power, Process and Piping Industries as well as Sugar Industries, Steel Plants, Irrigation Projects and Raw Water Systems.
As part of its portfolio, SHEL undertakes erection of Boilers and Auxiliaries of upto 500 MW capacity, EPC Projects for thermal power stations, erection of EHV transmission lines and sub-stations, manufacture, supply, erection, testing and commissioning of super-heater coils & bends and erection of sugar mills.