Lanco Infratech Limited (LITL), one of India’s fastest growing integrated infrastructure enterprises, has been awarded a Rs 4100 Crore EPC Contract by a subsidiary of Moser Baer Projects Pvt Ltd for execution of its coal based 2x600 MW Power Project through International Competitive Bidding (ICB).
The contract to this effect was formally signed on December 20, 2010 at New Delhi by Mr L R Shrivastava, CEO, Moser Baer Power-Thermal Division and Mr. S C Manocha, CEO, EPC Division and whole time Director of LITL.
The scope of work includes Complete Main Plant and BOP Package including Civil and structural works on Engineering, Procurement and Construction (EPC) basis.
Lanco has already received its Notice to Proceed (NTP) and a dedicated project team is already in place. Significant work has already been done. This is the first ever contract for LITL-EPC Division for full scope of EPC works including the Main Plant for an external client.
Commenting on the occasion, Mr. Manocha of LITL-EPC Division, said, construction of power projects is the core competence of LITL. This is an important milestone for LITL. It may be recalled that in July this year we have bagged a contract from Mahagenco for their 3X660 MW Koradi Project for BOP package while this is the first ever contract for LITL EPC division for full scope of EPC works including the Main plant for an external client.
We have been looking at expanding capabilities to take contracts from external clients and this order will help us further strengthen our foothold in the space and at the same time we remain committed with the core competence of Lanco which is deputing experienced team for managing contracts during all phases of a project, while meeting the highest international standards”.
About Lanco Infratech Limited and LITL EPC Division:-
Lanco Infratech Limited (LITL) is one of the fastest growing Integrated Infrastructure
Enterprises of India, operating across a synergistic span of verticals comprising Power Generation both Hydro & Thermal, Power Trading, Non-Power Infrastructure, Construction, EPC, Property Development and Renewables). Lanco is fast emerging as one of the leading private sector power developers in India with 2087 MW under operation, 8468 MW under construction, and more than 11000 MW of projects under development stage.
LITL EPC division provides engineering, procurement, construction, project management and commissioning services on a Turnkey basis to the Power Sector. It has a highly experienced engineering and procurement teams having excellent relations with critical and core equipment manufacturers. The Division has a wide range of experience in construction of both sub-critical (300/600MW) and supercritical units(660MW) power plants. Besides it also has presence in Singapore and China in form of wholly owned subsidiaries. Singapore performs value added services for Engineering besides leading company’s foray into developing projects internationally. The China subsidiary is involved in sourcing equipment and ensuring quality control of equipment bought from Chinese vendors including Harbin and Donfang Electric Co from whom LITL has sourced power equipment. LITL EPC division till date has successfully executed EPC contracts for Amarkantak I & II (Coal based 2x300 MW), Udipi I (Coal based 1X 600 MW), Kondapalli I & II (Gas based combined cycle 368 MW & 371 MW). LITL EPC Div is executing EPC contracts for Udipi II (Coal based 1X 600 MW ), Anpara C I & II (Coal based 2x600 MW), Amarkantak 3 & 4 (Coal based 2x660 MW), Babandh I & II (Coal based 2x660 MW),Kondapalli III(Gas based combined cycle 742 MW) which are at various stages of construction. LITL is also currently executing BOP package for Mahagenco’s 3X660 MW Koradi Thermal Power Project. LITL EPC Division along with LITL Construction Div. has currently manpower strength of around 5000 employees. Besides Thermal Power Project’s, LITL EPC division is also executing solar wafer and poly-silicon manufacturing plant of capacity 1500 MTPA
