Lanco Infratech bags order from Mahagenco
Lanco Infratech Ltd has bagged a contract from Maharashtra State Power Generation Co Ltd (Mahagenco) for Balance of Plant (BOP) package for three new units of 660 MW each being set up for Mahagenco’s Koradi Thermal power Plant near Nagpur.
The scope of work includes supply, civil work and services including erection, testing & commissioning of complete Balance of Plant package including major packages like Coal Handling, Ash Handling, De-Mineralized water plant, Cooling Towers, Fuel Oil Handling, Compressed Air System and Water Treatment etc. Commenting on the contract, SC Manocha, CEO, LITL – EPC Division, said, "While we have won the contract under stiff competition where there were six major EPC players who have tendered their bids, this contract depicts the confidence of the Mahagenco in the execution capabilities of LITL, it will also help us demonstrate our capabilities in executing projects other than our own portfolio. Mahagenco’s 3 X 660 MW Koradi Project is the first major external contract for LITL – EPC Division after the company decided to pursue work from clients other than the Lanco Group’s own Power generating companies.
Going forward, we are quite bullish to aggressively bid for contracts not only in India but also outside India. While there is a lot of scope in setting up thermal power plants in India as the market is growing and is a quite huge, about 75% of the electricity consumed in India is generated by thermal power plants."
The schedule for completion for contract shall be 42 months from the start of work at site. LITL has extensive and rich experience of providing Engineering, Procurement & Construction (EPC) services for the projects promoted by the Lanco Group out of which Lanco Kondapalli I & II (368 + 366 MW), Lanco Amarkantak I & II (2X300 MW), Amarkantak III & IV (2X660MW), Lanco Anpara (2X600 MW) & Udupi Power (2X600 MW) are among the prominent ones. Currently LITL has around 8000 MW of projects under various stages of construction and development.