Upcoming Projects in India

6004 With the Centre's approval for upgradation of the Puri district headquarter hospital to a medical college besides four other such facilities at Balasore, Koraput, Balangir and Baripada, the Odisha government today said it is all set to float tenders for construction work in June this year. "While the Union Ministry of Health had earlier sanctioned setting up of four medical colleges at Balasore, Baripada, Balangir and Koraput by upgrading the existing district headquarter hospitals there, approval has now come for Puri hospital," said health and family welfare secretary P K Mohapatra. All five proposed medical colleges would have student intake capacity of 100 each and around Rs 200 crore would be spent for upgradation of the hospitals to a full-fledged medical college and hospital in each case, Mohapatra said. The project cost will come from Centrally-sponsored Pradhan Mantri Swasthya Surakhsa Yojana scheme, he said adding the Centre will provide 75 per cent while the state will shoulder the rest 25 per cent cost. Under the scheme, DHHs having more than 200 beds were considered for such upgradation, he said. Mohapatra said the state government was planning to float tenders for the five medical colleges by June 15 and start construction from October onwards. Meanwhile, sources said the Department of Economic Affairs (DEA) has given its nod to set up two medical colleges in Gajapati and Rayagada districts on PPP mode. Each medical college will have 100 seats and 500 beds. The projects would be executed at a cost of Rs 326 crore each, they said.

6003 Setco Automotive has teamed up with Lingotes Especiales S.A. of Spain to form a joint venture, Lava Cast Pvt. Ltd., to develop and manufacture fully machined ferrous casting products for the automotive and other industries at a facility in Gujarat. The partners have decided to invest 30 million euro in the joint venture over three years. As part of this agreement, Lingotes Especiales will come on board of Lava Cast as the technology partner. “Lingotes will help us to extend our reach into new customer bases andbuild our collective product portfolio in the coming years. The Indian foundry market holds great promise and has the potential to emerge as a key global export hub,” said Harish Sheth, Chairman & Managing Director, Setco Automotive. “We are looking to create a niche for ourselves in this market with this fully machined casting set up, which will add value. With the support of Lingotes Especiales, Lava Cast is confident of becoming a reliable company meeting global quality standards. Setco will also offtake the castings for its own captive consumption,” he added. The proposed foundry, adjacent to the current clutch manufacturing operations of Setco at Kalol in Gujarat, will start commercial production in one year. “Setco has a strong presence in India in the clutch business. With them, we are confident of creating a reliable supply base of castings for the international market. Our long-standing experience in this sector will substantially reduce the uptime of this new project,” said Vincent Garrido, Chairman, Lingotes Especiales.

6002 The Power Ministry is evaluating a site in Bihar for setting up a 4,000 MW ultra mega power project and has approached the Coal Ministry for allocation of a nearest coal block for the thermal plant. "We are considering a site in Bihar to set up a 4,000 MW UMPP. Land has been identified, water is available and we have even written to the Ministry of Coal on allocating a nearest coal block," a Power Ministry official told PTI without divulging the name of the location. However, according to sources, the proposed plant is likely to be fed coal from a mine either in Jharkhand or Odisha. Once finalised this would be the first load centre project, as coal will be made available from a nearby coal block through road or railways. The earlier operational or allotted UMPPs have either been pit-head projects (right where the coal mine is) or coastal plants based on imported coal.

6001 IRB Infrastructure Developers Ltd has emerged a preferred bidder and received Letter of Award from the National Highways Authority of India for four-laning of Yedeshi-Aurangabad section of NH-21. The estimated project cost of the company is about Rs 3,200 crore with construction period of 910 days, the company said in a release. The concession period for the same is 26 years. The four-laning would be from 100 to km 290.200 (design length 190 km) in Maharashtra. IRB already has in its portfolio four-laning of Solapur to Yedeshi section of NH-211 from km 0.000 to km 100.000. Hence, with this project, IRB will now develop entire road length of 288 km from Aurangabad to Solapur.

6000 Bharat Bio Gas Energy Limited is currently in the process of setting up a Bio Gas manufacturing plant with installed capacity of 2335357 t/a of CNG,6000m3/a of Liquid fertilizer and19600t/a of Solid fertilizer at its plant location in Kheda District of Gujarat. Company is environment conscious so they initiated this project wherein they will use bio waste and cow dung for manufacturing CNG-renewable resources.

5999 Force Motors to invest around Rs 100 crore to set up an engine manufacturing and testing facility in Tamil Nadu. Prasan Firodia, managing director, Force Motors Ltd said that the new facility will be for a global passenger car manufacturer, with whom the company signed an agreement recently to supply engines. While refusing to reveal the name of the OEM, he said going forward the facility can also cater to other OEMs in and around the plant. The facility will be located at Anjur, Kancheepuram district in Tamil Nadu. "Mainly it is a diesel engine facility, but if required we can also manufacture petrol engines," said Firodia. Supply from this next generation plant is expected from January 2015, he said, while declining to share the capacity of the plant.

5998 Godrej Properties Ltd today said it will invest Rs 150 crore to develop a new housing project in Gurgaon. Part of the Godrej Group, the realty firm has formed a joint venture with Oasis Buildhome Pvt Ltd that owns the land. The company would develop 306 apartments in this project, which is spread over 4.5 acre and has a saleable area of 5 lakh sq ft. "This is our third project in Gurgaon. First two projects have done well. This is going to be high quality premium development," Godrej Properties Managing Director and CEO Pirojsha Godrej told reporters here. He said the company expects the project to do well even as it has been launched in tough market conditions. "The total investment in the project will be Rs 150 crore," Godrej said. Godrej Properties has entered into profit share agreement with Oasis Buildhome. "Our share will be 38 per cent of the total profit," Godrej said. He said the rates of flats start from Rs 85 lakh.

5997 Realty player Ashiana Housing plans to expand its retirement housing segment in three more cities in next three years, a senior company official said. The New Delhi-based firm already has three senior citizen living projects in its portfolio in three cities including Jaipur, Bhiwadi (Delhi NCR) and Lavasa in Pune. It now plans to set up one more in Bhiwadi and one each in Kolkata and Chennai, its joint managing director Ankur Gupta told PTI. "The concept of retirement homes is evolving in India, but not at a similar pace as it is in other countries. But as the demand is growing here, we plan to expand our presence in this space," he said. The company expects to have a significant share of sales in terms of area from this segment, he said. "This year we plan to sell around 25 lakh sqft of area. Over the next three years, by when these projects are expected to come on stream, we expect to sell nearly 30-35 per cent of the total area in this segment," Gupta said. According to property consultant Jones Lang LaSalle, the number of elderly population is expected to grow to 173 million by 2025, which is now being looked at as a potential real estate market. "Given the scope of growing number of senior citizens who wish to spend a luxurious retirement life, this segment itself is lucrative business opportunity," Gupta said.

5996 Wind farm developer Gamesa Wind Turbines has bagged another 100 MW project, out of the total 300 MW agreement signed with owner and operator of clean energy projects Greenko, for an undisclosed sum. "With the latest project, Gamesa has secured 250 MW of projects which are currently under various stages of implementation", Chennai-based Gamesa said in a statement. In the 100 MW project, Gamesa would supply and commission 50 units of G97-2.0 MW turbines at various sites in Andhra Pradesh, Karnataka and Rajasthan. "Gamesa values the close collaboration we have with Greenko. This project once again reinforces our execution capabilities in India..", the Co-Chairman and Managing Director, Ramesh Kymal, said. Gamesa would start delivering the turbines from May 2014 and commissioning has been planned in phases, beginning September. The operations and maintenance services would be provided by Gamesa for a five year period, it said.

5995 Steel Authority of India Ltd (SAIL) has bagged contracts for supplying over 1.17 lakh tonne of rails by bidding successfully for two global tenders floated by Rail Vikas Nigam Limited (RVNL) for major upcoming passenger rail line projects in the country. The total value of the two contracts is over Rs. 650 crore. Domestic as well as global rail manufacturers had participated in the tender. Based on the guidelines of Asian Development Bank, the funding agency for the projects, RVNL had issued global tenders to get the best prices from suppliers with prior experience of supplying rails with high quality specifications. RVNL is a special purpose vehicle created by the Centre in 2003 for development and implementation of projects pertaining to strengthening of the Golden Quadrilateral and port connectivity.

5994 The company’s regional director of sales for South Asia, Dhananjay S. Saliankar, told visitors to the Starwood Expo in Delhi on 23 April that the US hotel company is planning to expand across the country, but with a focus on the country’s emerging second tier cities. The group currently operates 41 properties under various brands. In addition, Starwood is expanding its support structure in India, with a new sales office set to open in Ahmedabad next month. The group will continue to drive growth from Delhi and Mumbai, while more business would be generated from new areas like Gujarat and Kolkata.

5993 General Electric Co’s unit, GE Energy Financial Services, on Friday said it will invest $24 million in a solar power project built by Welspun Renewables Energy Pvt. Ltd (WREPL). Marking its first investment in a solar power project in India, GE Energy Financial will fund a 151 (DC)-megawatt solar photovoltaic power project in Neemuch in Madhya Pradesh, that WREPL put into operation in August 2013, almost eight months ahead of schedule. With this transaction, GE Energy Financial Services has made cumulative investments of over $10 billion in renewable energy worldwide, including $1.8 billion in solar power commitments in seven countries, GE company said in a statement. “The combination of our renewable project development expertise and GE’s financial strength and risk management will help achieve the ambitious goals set by the government to expand the use of renewable energy in India,” said Vineet Mittal, vice chairman at WREPL. Raghuveer Kurada, business leader for India and South East Asia at GE Energy Financial Services, said WREPL’s history of developing benchmark projects ahead of schedule and with high generation power output will help his company to expand globally across the energy spectrum. The project, part of WREPL’s 308 (DC)-megawatt operational solar portfolio, is located on an 800-acre site in Neemuch, which sits on a 500-meter-high barren land ridge in Madhya Pradesh. The site receives among the highest levels of irradiation in India. According to the website of WREPL, Neemuch project funding of Rs.880 crore was secured through a consortium of leading financial institutions. This project will enable powering of 6,24,000 homes and an estimated 216,372 tonnes of carbon will be mitigated annually.

5992 The Karnataka government is planning to revive a slew of infrastructure projects, including the high-speed rail network and an international convention centre near the Kempegowda International Airport near Devanahalli. The government also plans to revive the plans for a film city at Hesaraghatta and introduce uniform ticket rates at multiplexes on the lines of the system in Tamil Nadu, Infrastructure Minister Roshan Baig told reporters here. He said, the government is exploring high speed rail connectivity across Karnataka for decongesting important cities and towns. "The high speed rail project is being explored to connect Bangalore-Mysore, Bangalore-Kolar, Bangalore-Hubli and other important towns to solve the problem of decongestion." Baig also said, an international convention centre, built over 35 acres, will soon come up near the Kempegowda International Airport at Devanahalli for holding international conferences, seminars and meetings by corporate houses. Of the 419 acres of government land near the airport, 35 acres will be allotted for the project, Baig said. The centre will also house budget and five-star hotels, he added. The proposal was made by the Department of Tourism in 2007 and the estimated cost of the convention centre at present is Rs 500 crore and may go up Rs 600 crore. The minister also said, the government plans to revive the plan for construction of a film city at Hesaraghatta. "I am visiting Hesarghatta tomorrow and take an initiative to reclaim government land for the purpose," he said. The Devaraj Urs government allocated 360 acres in the '60s for developing a film city. No attempts were made by the crisis-ridden Kannada film industry all these years. He said, the government plans to encourage international players to set up high-tech studios at Hesaraghatta. He said, the government planned to introduce uniform ticket rates at multiplexes on the lines of the system in Tamil Nadu. He flayed multiplexes for charging exorbitant rates and said: "If Tamil Nadu has a policy for the theatres, why can't we? We will stop this looting by the multiplexes." In Tamil Nadu, ticket prices are controlled by the government, with a cap on the maximum rate at Rs 120. Tickets for two front rows are sold at Rs 10. "At least multiplexes can reduce eatable prices, which are exorbitant." The government is also planning to set up Janata theatres under the PPP model to encourage screening of Kannada films, Baig said.

5991 Array Networks Inc., a global leader in Application Delivery Networking, partnered with Inspira, Array's largest Value Added Distributor in India, bags the largest remote hardware WAN optimization order from government sector. This is the second consecutive time that Array Networks has bagged a huge order from the government sector. This win demonstrates the high level of performance offered by Array's aCeleraTM WAN series of products. Array Networks' WAN optimization products will be deployed across 580 locations in various parts of South India. Inspira has played an instrumental role in delivering Array's WAN Optimization and ADC products in the government sector. Inspira provides technology solutions to global clients in select verticals that demand high performance, high availability, scalability and security. Their low-risk Global Delivery model meets the quality parameters and their rigorous methodologies ensure high quality and delivery predictability for customers. With the help of Inspira's technical resource pool, Array could successfully articulate the benefits of Array's aCelera solution fitment to the end customer. Mr Manoj Kanodia, CEO at Inspira said "We are extremely proud to be associated with Array Networks in this segment of products and this large win corroborates our commitment to deliver big along with Array in the government vertical. aCelera appliance from Array greatly reduced the repose time on the enterprise applications when tested, this is one of the cutting edge feature that has won such a big order from government sector."

5990 Kolkata-based Cygnett Hotels & Resorts will open six hotels with a total room capacity of over 300 in the budget and mid segment category this year. Cygnett Hotels & Resorts on Thursday announced an association with Jameson Inn Inc as a part of which it would open one hotel each year under the brand of US budget hotel chain. The first such property has come up in Kolkata. The company has already joined hands with US-based ABF Inc. "We have a definite plan to create our own assets pan India and then transcend into the sub continent with the help of our US collaborators," Cygnett Hotels & Resorts Managing Director Sarbendra Sarkar told reporters here. Apart from Kolkata, the company would open hotels at Varanasi, Lucknow, Jaipur, Guwahati, Bangalore by the end of this year, he added. The company would expand in the mid and budget segment under its two brands - Cygnett Inn and Cygnett Park. "Cygnett Inn would be a completely budget hotel and its bracket would be Rs 3,000 to Rs 4,500 while Cygnett Park would range from Rs 4,000 to Rs 5,500," he said.

5989 Anam Polymer Private Limited is currently setting up a Greenfield project at Shahapur (Maharashtra). The manufacturing facility is aimed at the production of plastic household products such as plastic boxes and plastic water bags using injection moulding technique. The project cost is estimated at Rs. 8.50 crores.

5988 P2 Solar developer of solar photovoltaic (PV) and hydro power projects, today announces that the Detailed Project Report (DPR) for its small hydro Project Rajgarh in Punjab, India, has been approved and accepted by the Punjab Energy Development Agency (PEDA) and the Punjab Irrigation Department (PID). Clearance of the DPR is a critical step forward. The DPR sets out the proposed engineering design, hydrological data, and other critical factors impacting the project. Raj-Mohinder Gurm, CEO of P2, said, "This is another significant step in moving our renewable energy projects forward in India. The DPR is important as it is the basis for taking and assessing construction tenders for Project Rajgarh, which we will be assessing very shortly.

5987 Petronet LNG Ltd (PLL) has invited bids to lease out under-utilised storage tanks at its recently commissioned LNG import facility at Kochi in Kerala. The company operates Kochi LNG terminal with the capacity of the 5 million tonnes per annum at a sub-optimal 5% capacity because of a delay in laying of pipelines connecting the port to consumption centres in Karnataka and Tamil Nadu. To make Kochi an economically viable proposition, Petronet has invited bids to lease out two liquefied natural gas (LNG) storage tanks for two years. As per the notice inviting tender (NIT), Kochi LNG terminal has two LNG storage tanks of nearly 182,000 cubic meters gross capacity each and regasification facilities to regasify 5 million tonnes per annum LNG. PLL is the largest LNG importer in India. It owns and operates two world class LNG terminals in India with a combined capacity of 15 MMTPA. While the terminal at Dahej, in the state of Gujarat, has a capacity to import, store and regasify 10 MMTPA equivalent of LNG, the terminal at Kochi, in the state of Kerala, has a capacity of 5 MMTPA.

5986 Shriram Automall India Ltd will roll out 20 automall facilities across the country this fiscal, its Chief Executive Officer Sameer Malhotra has said. Through an automall facility, this company, a 100 percent subsidiary of Shriram Transport Finance, provides a platform for buyers and sellers to transact in used vehicles—commercial vehicles, cars, tractors and also two-wheelers. “We are only a service provider. We provide a platform but we don’t buy or sell the used vehicles. We bring buyers and sellers of used vehicles together”, Malhotra told Business Line here. SAMIL is sort of a pioneer in this space (automall) and as an organised player accounts for a very small share of the nearly Rs 1 lakh crore largely unorganised used vehicles market in India. In the just concluded financial year ended March 2014, SAMIL had facilitated transactions to the tune of Rs 1,500 crore, which reflected a 50 per cent increase over Rs 1,000 crore done in the previous fiscal, Malhotra said. The company has now entered the Delhi market with the launch of an automall in Narela (near Sanjay Gandhi transport nagar). “We are hoping to help transact at least 100 vehicles every month at Narela. This automall will be for both used cars and commercial vehicles. We have about 4.5 acres in Narela. We are also going near our customers”, Malhotra said. Plans are afoot to launch automalls this fiscal in Kanpur, lucknow, Nagpur, Guwahati, Patna, Ranchi, Karnal, Jodhpur, Shimla, Trissur and Vijayawada among other cities and towns, he added.

5985 Eye-care chain Eye-Q plans to aggressively add about 100 centres over the next four years to become a 130-centres-strong specialty hospital chain, up from 34 centres currently. The specialty hospital chain, which started in 2007, intends to go in for a third round of funding in the near future, for an equity infusion of ₹60-100 crore, Ajay Sharma, Founder and Chairman and Managing Director of Eye-Q told Business Line. “Right now we have enough money from the existing equity that we have taken, but this year itself we are looking for more funding, which should come in by September or October,” he said. Sharma further said that while initially they got funding from venture capitalists, now they are looking at private equity for future growth. They are planning to add 25-30 centres each year. Eye-Q, which is present in tier II and III cities in Haryana, Uttar Pradesh, Uttarakhand and Gujarat, will continue to focus on the northern region in the future as well. However, Sharma said they are looking at some new growth markets too. “This year more growth will be in Gujarat, followed by Maharashtra and in the north — Haryana and Uttarakhand. After that we will go further west, including Punjab, and in the east,” he said. For its upcoming infrastructure push too Eye-Q, which employs about 700 people, will continue to focus on the tier II and III cities. Sharma said now that Eye-Q has picked up pace their new centres break even in six months, up from one-and-a-half years in the initial phases.

5984 Alstom T&D India has secured a Rs 67 crore (8.4 million approx) contract from Power Grid to expand and upgrade the energy management system of India's various control centres in North East India -- North Eastern Regional Load Despatch Centre (NERLDC) and seven other Regional Load Despatch Centres (RLDCs). The project includes supply, installation, test and commission of 87 remote terminal units (RTUs) and 9 Control Centres. RTUs are intelligent devices that collect data from remote locations to enhance network visibility for grid operators. Meanwhile, Alstom's e-terra platform software solution analyses the data to help grid operators take decisions in real-time, and enhance grid security. The NERLDC system operator can thus anticipate abnormalities and prevent costly outcomes, such as a blackout. Rathin Basu, Managing Director of Alstom T&D India, said, "70% of the power flow in India's electrical grid is managed by Alstom's smart technologies. Alstom T&D India had previously commissioned three National Load Despatch Centres, three Regional Load Despatch Centres and two datacom networks. This contract demonstrates Alstom's continued commitment to strengthen the national grid, making it secure, reliable and smart."

5983 The Central Road Research Institute (CRRI) has commenced the technical study to determine the quantum of strengthening required for repairing the runway of the Karipur airport. The Airport Authority of India (AAI) has awarded the consultancy contract to the CRRI to conduct the technical study, which would form the basis for recarpeting of the entire stretch of the runway proposed by the Union civil aviation ministry. The CRRI will recommend the thickness of the re-carpeting that needs to be carried out at the runway and the material to be used in the tarmac strengthening. It would also look at how to address the issue of development of cracks and peeling off of runway surface during monsoon. The team from CRRI is expected to complete the study within one month following which the AAI will start the tender proceedings for the resurfacing works. Airport director Peter K Abraham said that the re-carpeting would ensure that the runway would remain fit for the next 10 years. "We expect the works to cost around Rs 50 crore and the tender works would commence after we receive the report from the CRRI," he said adding that the resurfacing would be done in such a manner that flight operations won't be affected. The CBI had in July 2013 filed a chargesheet against a Delhi-based firm in a case pertaining to building of substandard runway at Karipur airport. The probe by the CBI had revealed that there have been irregularities in the last resurfacing of the runway done in 2007. CBI has alleged in the charge sheet that the company in collusion with AAI officials had compromised on the quality of material used for runway construction by submitting forged invoices showing supply of bitumen for runway resurfacing from Indian Oil Corporation. Meanwhile, the works for strengthening the runway in the turning pad area, used by the aircrafts to make a turnaround at the end of the runway, will commence in the last week of April. Airlines have been asked to reschedule the flight timings falling in the five hour window. There have been three repeated incidents of peeling of the runway surface in the turn pad area during last year's monsoon season. Meanwhile, the plans to acquire 137 acres of land for extending the airport runway, which falls short of the minimum length requirements stipulated by the Director General of Civil Aviation for operating large aircrafts has failed to take off due to delays in land acquisition.

5982 Laundry Project India Pvt Ltd, a professional laundry service start up based in Chennai, is looking at raising a Series A funding of Rs 10 crore by the end of 2014 through Unitus Seed Fund, in order to expand of its operations. The company, backed by Das Star Ventures, currently has operations in Chennai and Bangalore and plans are to commence its services in Gurgaon and Pune soon. It has been serving the corporate clients such as hotels, large companies and large residential apartments and has recently stared retail operations offering services through stores in various parts of the city, through its retail laundry banner Wassup - Just Laundry. "We are planning to expand our retail network to 50 stores in the four cities, during this year. We would be raising our Series A funding of around Rs 10 crore through Unitus Seed Fund," said Balachandar R, CEO, Laundry Project India Pvt Ltd. Unitus would act as a funding advisory for the fund raising.

5981 Rays Power Experts, a solar power development and EPC company, has said it will commission two solar power plants during the current financial year. "Our (5 MW) Naguar plant in Rajasthan will be ready by the end of the fiscal FY'15 and one at (25 MW) Medak in Andhra Pradesh is likely to be commissioned by September 2014," Ketan Mehta, Director, Rays Power Infra said. He added that the company is yet to acquire land for its proposed solar park at Neemuch in Madhya Pradesh. The company has also signed a 25 MW project for an Independent Power Producer in March 2014 which will be commissioned by June 30. For the VGF (Viability Gap Funding) based model, the company has set up solar parks across the country to take care of solar projects of 750 MW capacity. In these parks, dedicated infrastructure and transmission lines will be provided to the investors to help them combat land related and local issues as well as conversion related problems, ensuring fast bank finance and speedy execution. The company is engaged in services for both grid-connected and off grid solar projects on turnkey basis. Rays Power Infra is also looking to complete its solar power projects in other states including Punjab, Tamil Nadu and Madhya Pradesh.

5980 The Ministry of Civil Aviation (MCA) has initiated the process of calling private contractors for upgrading the two airports. This despite the fact that Committee of Infrastructure, headed by the prime minister, in 2006 decided that the two airports will not be privatised. The Planning Commission and the Parliamentary Standing Committee in their reports had raised objections on the privatisation plan of the ministry. Of the total 111 airports with AAI, only four of them are listed as profit making: Chennai, Kolkata, Goa and Calicut airports. Chennai and Kolkata were expanded and upgraded by AAI three years back. The AAI had then increased the runway length and developed the car parking area. At Chennai airport, a cargo terminal with new modern import cargo complex was also developed. At Kolkata airport, the AAI had upgraded the terminal building and strengthened the runway and developed aircraft parking spaces.

5979 Blue Star is planning to set up its new manufacturing plant for room air-conditioners and deep freezers at Karnataka and Seemandhra. In this regard, the company will invest Rs 150 crore to set up the plant with an initial capacity of 500,000 units per annum. Moreover, the company is in the process of doubling its market share from the present 7.5% per annum and South India contributes a significant 40% of its total sales annually. At present, the company has five manufacturing facilities at Thane, Bharuch, Dadra, Himachal and Wada. It has a capacity to manufacture 300,000 units of room air-conditioners per annum, which will be increased to around 800,000 units per annum by 2017.

5978 ALSTOM India Ltd has informed that they have been awarded a contract by Bharat Heavy Electricals Limited (BHEL) worth approximately €30 million to supply components and services for the 2x660 MW Banharpalli Super Thermal Power Project (STPP) located in Jharsaguda, Orissa. Under the scope of the contract, Alstom will co-operate with BHEL in designing the boilers and supply identified pressure parts of the 660 MW supercritical boilers, along with windboxes. It will also assist BHEL with technical advisors during the erection and commissioning of the units. Key components will be manufactured in Alstom’s manufacturing facilities in Concordia (USA), as well as in Durgapur (India). The units I & II are expected to be commissioned by 2018. Out of the entire aforesaid contract, please note that ALSTOM India Limited’s scope of work would be INR 1,617 million (i.e. approximately €20 million). In this regard, the Company has submitted to BSE a copy of Press Release dated April 18, 2014 titled "Alstom awarded contract by BHEL for the 2x660 MW Banharpalli coal power plant".

5977 Shree Cement is planning to set up Rs 1,700 crore Chhattisgarh unit, which will be starting operation by April 2015. Moreover, the company’s Bihar Grinding unit is expected to start operations in three months. Further, the company is planning to increase its total capacity to 20 mtpa by April 2015. The company’s current total capacity stood at 16.5 mtpa. Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a. (PPC; OPC capacity -9 mn tonnes p.a.)

5976 IBC Solar has begun construction of a 5.5MW solar power plant in Rajasthan, India. IBC Solar is to deliver engineering, procurement, and construction (EPC), using its local subsidiary to develop the proposed solar power plant. Completion of the project is expected in June 2014. The plant is to be located in Bhadla, in the district of Jodhpur, in leading solar state Rajasthan. The solar power plant is being constructed on government land of 10,000 hectares, which has been leased to investors as part of the ‘Invest Rajasthan’ initiative; the land is to be used solely for solar projects. IBC Solar has said the chosen location for the plant will be “topographically and logistically demanding” due to a low rainfall climate. IBC Solar said it used “under-reamed fundaments” to tackle the issue of lose sand foundations, and decentralised inverters will be installed to utilise shade and protection provided by the panels, from the desert climate. Due to the remote location, the government of Rajasthan is also installing a grid substation to receive energy generated by the plant. Reinhard Ling, business manager at IBC Solar in Mumbai said to “ensure an effective transfer of knowledge, especially in emerging markets like India” IBC Solar is also “including as many local workers and specialists as possible in the construction phase in Bhadla".

5975 Chormo Expansion is planning for expansion of Synthetic Organic Chemicals (Bulk Drugs) at there manufacturing unit located at Plot No. 43 & 44, Phase II, IDA, Mandal Patanchera, District Medak, A.P.

5974 Hindustan Construction Company (HCC) has said that it has secured a Rs 300-crore contract for design and construction of a 1.54 km twin tunnel on the Dwarka-Najafgarh corridor (phase III) of the Delhi Metro. This is the third contract awarded by the Delhi Metro Rail Corporation to HCC under phase III aggregating Rs 1,539 crore. The contract also includes construction of one of the biggest underground stations — Municipal Corporation -- which will be 290 metres long and 30 metres wide at a depth of 18 metres. The work is scheduled for completion in 36 months. HCC has already completed three contracts under phase I and phase II of the Delhi Metro.

5973 Accor, France-based hospitality chain, is seeking to double its presence in India over the next two years. The company is planning to open another 25 hotels in India by the end of 2015, bringing the total number of hotels in its portfolio to 50. Through this expansion, Accor expects to increase its headcount in the region from around 5000 staff to 15000 over the next three-four years. Accor chairman and CEO Sebastien Bazin said that he is seeking to expand the company's MGallery brand in India in the next three years. Till date, Accor has launched only seven brands in India. Currently, it has 14 brands and operates 3700 hotels in 93 countries globally. Accor, which entered India in 2006 with the launch of Novotel in Hyderabad, now operates 25 hotels in the country serving the spectrum-budget and luxury segment across six brands. Accor chairman and CEO Sebastien Bazin said: "We are expanding very fast on Novotel and Ibis brands. Ibis is growing fast because the segment is responding best to the emerging middle class in India and corporate local demand within India. "Depending on the segment, we will continue to invest in India. Accor is investing the most in the economy and budget segment and in large capacity mid-scale hotels, and investing very little in the luxury and upscale segments," he added.

5972 Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a project for a new regasification plant with a send out capacity of 5 million tons to be constructed by GSPC LNG Limited(GLL) at Mundra in Gujarat State on the west coast of India. Toyo-India will lead EPC work on a turnkey basis, from engineering to construction and commissioning. The plant is scheduled to be completed by the end of 2016. GLL is a joint venture mainly anchored by GSPC (Gujarat State Petroleum Corporation), which is involved in exploration and production (E&P) of oil and gas, to establish LNG receiving, storage & regasification terminal. The project follows on from the expansion project for Petronet LNG at Dahej, Gujarat State, which was awarded to TOYO recently. To meet the growing demand for natural gas for electricity and fertilizer, more than 10 additional LNG import terminals are now planned to be built in India.

5971 Pune-based Deepak Fertilizers and Petrochemicals(DFPCL), a manufacturer of technical ammonium nitrate (TAN) is planning to expand its production capacities due to increasing demand in the domestic market. Expansion includes a possible increase of capacity of its TAN business in line with market demand. Deepak Fertilizers is also planning to set up a new facility at Paradip in Odisha. After all due approvals, the plant may be commissioned in the next 24-36 months. With this, its TAN production capacity will go up to 8.50 lakh tonnes by 2016-17. Now, it has a limited space at Taloja plant. Currently, the company has an installed capacity 500,000 tonnes at its manufacturing facility at Taloja near Mumbai. Its current annual production of TAN is of 350,000 tonnes. TAN is used as explosives in the mining and infrastructure industries along with agriculture and chemicals. Recently, India had restricted import of TAN for security reasons. Carl-Anders Lindgren, president and technical advisor-TAN business said, “Deepak Fertilizers is now fully compliant with ammonium nitrate rules under the new explosives act. Ammonium nitrate is mostly used for explosives in coal mining and infrastructure usage. Earlier, India used to import ammonium nitrate, but later, it was identified as a security threat. Contamination of ammonium nitrate makes it dangerous and can be used by anti-social elements. According to new rules, the bar coding is ensured on the bags. Also, we are verifying truck drivers who transport this material and have a GPS system to track its supplies.”

5970 German high-end domestic appliances maker Miele plans to invest Rs 100 crore this year in Indian to expand the business. "By the end of this year we will invest around Rs 100 crore. This money would be invested in brand building, creating infrastructure, training, hiring and after sales services," Miele India MD Dhananjay Chaturvedi told PTI. Mille's different products are catered to high-end consumers. Its washing machine range starts from Rs 1.79 lakh, coffee machines at Rs 2.79 lakh, micro ovens at Rs 1.19 lakh and dish washers at Rs 1.34 lakh. The company, which forayed into the Indian market in 2011, plans to expand its network in tier 2 cities and increase its point of sales to 60 in the next two years from 40 at present. It has presence in 10 cities including Delhi, Mumbai, Ahmadabad, Bangalore, Hyderabad, Pune, Surat and Chennai. "In next four years, you will find Miele at places such as Indore, Nagpur, Raipur, Coimbatore, Vijayawada or Ranchi," Chaturvedi said, adding that the company would soon open a center at Jaipur.

5969 Photon Energy Systems has secured a mandate to execute a 3.5-MW solar photo-voltaic power plant for Ushodaya Enterprises, The Rs 25-crore project, which is expected to be ready within 3-4 months, will take Eenadu’s installed capacity up from 6.5 MW to 10 mw. The company had earlier implemented a 6.5-MW Midgil solar power plant in Mahbubnagar district by investing about Rs 50 crore. The entire project will come up on a 70-acre site in the backward district of the State. Gautham Nalamada, Chief Executive Officer of Photon Energy, told Business Line that the 6.5-MW Midgil solar power plant is the country’s largest solar power unit with trackers installed to supply 12 million units per annum of electricity. The power generated is being used for printing the Eenadu Telugu daily and other group publications. The Hyderabad-based Photon Energy has thus far deployed more than 65 MW of solar farms in the country, including a 5-mw solar unit for NTPC in Andamans. “We have a pipeline of 25 MW and the 40-MW module unit located near Hyderabad caters to domestic requirements and retail supplies,” Nalamada said. The solar power unit has been operational for over four months and has been achieving a high plant load factor of 30 per cent, he said.

5968 Union ministry of tourism has accorded an in-principle approval for setting up a State Institute of Hotel Management and Catering Technology at Kottayam. The state tourism department submitted a project proposal amounting to Rs 30 crore for setting up the institute and Union tourism ministry has assured a financial assistance of Rs 12 crore. A key proposal in the tourism draft policy was to strengthen human resources in the hospitality industry, said a tourism department official. "The sanction to release a first installment of Rs 4 crore of the central financial assistance was accorded in September. The project is expected to be implemented in 36 months. Five acres of land has been identified at Puliyannor," he said.

5967 A special cell created in the Cabinet Secretariat to revive stalled investment projects has paved the way for laying of three critical railway lines in eastern India, more than a decade after the projects were conceived. Once commissioned, the lines will transport more than 200 million tonne of coal from mines spread over Odisha, Chhattisgarh and Jharkhand to power producers. Estimated to cost over Rs 6,700 crore, the lines will not only save crucial foreign exchange for the country by reducing dependence on coal imports but also generate jobs and boost the local economy of the three states. "The projects that were stalled for so many years are now likely to be completed by 2016," said Anil Swarup, secretary at the Project Monitoring Group, which was set by the prime minister last year to track large investment projects. Although the project costs have shot up over these years, the government hopes the benefits of these lines will outweigh the costs. "We expect these three lines together to help reduce coal imports by 31 million tonne starting 2016," Swarup told ET. On one of the three lines, all forest related issues have been resolved and tree cutting is underway, he said adding that construction will begin after Monsoon. On one of the three lines, all forest related issues have been resolved and tree cutting is underway, he said adding that construction will begin after Monsoon. On the other two lines, stage I forest clearance has been given and compliance conditions are now being worked out. Despite sitting on the world's fourth biggest reserves of coal, India imported about 140 million tonne of coal in the year-ended March. The government's inability to speed up investments and the slow-pace of decision making at some key ministries are largely blamed as the reasons behind this. The first of these is the 93-km Tori-Shivpur-Kathautia line in Jharkhand. The project has overrun to Rs 3,200 crore from Rs 621 crore when it was conceived. The line has now received stage-2 environment clearance, allowing the state to handover land for construction to the government. The line will transfer coal from two large opencast mines of the Central Coal Fields Limited—Magadh (20 million tonne per annum) and Amrapali (12 million tonne per annum). The line will supply coal to power projects in the region and also provide infrastructure support to other public and private sector investments planned along the corridor. The railways have indicated the line will be ready by June 2016. The second project is the 53-km Jharsuguda-Barpalli-Sardega line in Ib valley of Odisha. Cost of the project, on which work was originally scheduled to start in March 2009, has swelled to over Rs 1,000 crore from Rs 470 crore. The project has secured stage-1 forest clearance and the railways will submit its compliance report with conditions of first state clearance to seek final, stage-2 clearance. The line will provide transport support to several mines of Mahanadi Coalfields Ltd, which are producing below their capacity because of inability to move coal. Once this line is complete, Mahanadi Coalfields will be able to raise production by 18 million tonne from its mines in the region. This line is likely to be commissioned by June 2016. The third and the biggest project to gather pace is the 180-km Bhupdevpur-Korichapar-Dharamjaigarh line in Chhattisgarh. The project is being monitored by the PMG to speed up execution. The phase-1 environment clearance will be sought soon. About 42 million tonne capacity of coal projects will move forward once this line is commissioned, which is likely by September 2016.

5966 The expensive healthcare devices which are out of common man's reach will be available at low costs as the city's premier institute, College of Engineering Pune (CoEP) is partnering with the Indian Institute of Technology (IIT) Bombay and Visvesvaraya National Institute of Technology (VNIT) on research and development (R&D) project. The cost of the project is estimated at Rs39.39 crore to develop low-cost health care equipment, which will have innovative features. An estimated amount of $40 billion is spent on healthcare every year. Over 50 per cent is spent in hospitals and 30 per cent on pharmaceuticals. "Medical devices represent nearly 20 per cent of the total healthcare spending, growing at over 15 per cent annually," said BB Ahuja, professor of Production Engineering and deputy director of CoEP. He added that majority of the devices are imported and are costly. It thus becomes difficult for patients who are from the economically weaker section of society to afford them. "Healthcare could be improved with modern technological inputs. Medical devices including variety of implants is an important area that requires inputs from medical as well as technological institutions," said a sanction order by Rajiv Gandhi Science and Technology Commission Government of Maharashtra. Ahuja said that after going through an extensive exercise and discussions with medical and engineering professionals, it was felt that it is appropriate to set up a dedicated facility to carry out this project. "As per the proposal submitted by IIT Bombay, there will be bio-medical engineering and Technology Centre Incubation at IIT Bombay and two sub-centres at VNIT, Nagpur and COEP," he said. He added that the the project is for five years and it will be monitored by the commission. Of the sanctioned funds, Rs2.5 crore has been allocated to CoEP, Rs2.6 crore for VNIT and the rest for IIT-B. CoEP already posses expertise in biomedical technology as the college have provided nine units of implants to Sancheti hospital. The CoEP will augment its existing infrastructure and will be hiring fresh research fellows to specifically work on this project.

5965 The Environment Ministry has cleared with certain conditions the expansion of a mining project in Odisha of Mahanadi Coalfield Ltd, a subsidiary of Coal India Ltd. The Ministry of Environment and Forests (MoEF) has said in a letter to MCL that it "hereby accords environmental clearance for the expansion of Bhubaneshwari opencast project from 20 MTPA (Million Tonnes Per Annum) to 25 MTPA of Mahanadi Coalfields...Subject to compliance of terms and conditions." The conditions are that no mining operations will be undertaken in the forest land until clearance has been obtained under the provisions of FC (Forest Conservation) Act, 1980; the maximum production from the mine at any given time should not exceed the limit as prescribed in the EC (Environment Clearance) and the production should be within the same mining lease area among others. The letter said the proposal was considered in the second Expert Appraisal Committee meeting held on October 3-4, and reconsidered in the 9th EAC meeting held earlier this year.

5964 Ahmedabad-based VMukti Solutions has bagged an order from Election Commission (EC) and other security agencies for supply of customised tablets for video surveillance of poll booths in seven states. Using its remote video streaming solutions along with its bandwidth aggregator technology, VMukti will provide cloud-based video surveillance and streaming of poll booths during elections this year. The company has so far bagged order for states like Gujarat, Maharashtra, Punjab, Haryana, West Bengal and Jharkhand, among others. “We have tied up with a Taiwan-based tablet supplier for manufacturing several tablets that will be embedded with special video streaming chips. The use of tablets for video surveillance will be first time during general elections in the country. These can be placed anywhere and can run even during power cut. They will stream video via cloud computing to control centres using multiple SIM cards for good bandwidth,” said Hardik Sanghvi, chief executive officer at VMukti Solutions. The tablets will be deployed in at least 2,500-3,000 poll booths in these states. The company is, however, in talks for deployment in other states even as polling enters its next phase. The company had earlier developed a mobile video uplink device that can upload videos of good bandwidth from CCTV cameras instantly. The device when attached to a camera can instantly upload videos on the Internet instead of just saving it as data in DVR cassettes, compact discs (CDs) or universal serial buses (USBs). The device uses bandwidth from installed multiple SIM cards to upload the videos. While the company had launched the portable broadcasting device for media and security sector few months ago, it has now tied up with Taiwan and Hong Kong based original equipment manufacturers (OEMs) to manufacture cameras with built-in uplink device which can use bandwidth of four SIM cards simultaneously. “It is this bandwidth aggregator technology that will be used in the tablets for monitoring poll booths too during voting. These tablets also carry enough battery life,” Sanghvi added while refusing to divulge revenue details of the order. Meanwhile, earlier VMukti Solutions had launched a portable broadcasting device as a substitute to outside broadcasting (OB) vans. Named ‘VCU Backpack’ for Rs 8 lakhs that could directly broadcast any video or audio feeds using a data card Internet connection.

5963 The proposed widening of Kollam and Alappuzha NH bypasses was a major poll issue in the respective constituencies in the Lok Sabha election. While the ruling front projected it as a major highlight, the opposition termed it as a poll gimmick. However, the tender process of the projects had hit a roadblock with the Centre objecting to the state government decision to award contract to companies that quoted excess tender. The NH wing of the public works department has decided to re-tender the project and a proposal in this regard has been submitted to ministry of road transport and highways (MoRTH) for vetting. MoRTH had objected to award tender as only two companies participated in the tender and they quoted excess tender. Initially, the national highway authority of India (NHAI) has qualified 17 bidders for the Alappuzha bypass and 18 bidders for the Kollam bypass. However, only two participated in the tender. Of these, the lowest bidder for Alappuzha bypass quoted 40% in excess while the bidder for Kollam quoted 27% more than the approved rate. The Rs. 267.16-crore Kollam bypass and Rs. 255.75-crore Alappuzha bypass projects are the first ones in which the roads will be developed using 50:50 sharing by the central and the state governments. The project has been stuck for more than three decades following land acquisition issues. The state had expressed interest in sharing 50% funding for their two-laning, following which the Centre and state signed an MoU in January this year. The 6.80-km Alappuzha bypass starts at Kommady and ends at Kalarkode, and it will include two rail overbridges and an elevated stretch on the beach portion. The 13-km Kollam bypass starts at Kavanad and ends at Mevaram, and it will include three bridges and one underpass. Though the widening of both bypasses came as good news, the Union government's decision to impose toll on them to recover its share of fund had invited public ire.

5962 Avantha Group Company CG’s Automation Business Unit has been awarded a contract for the supply of substation automation systems (SAS) in Jharkhand, India. Awarded by Power Grid Corporation of India Ltd (PGCIL), the contract covers delivery of six 220/132/33 kV ZIV 61850 SAS systems to Govindpur, Manoharpur, Jaduguda, Dalbhumgarh, Jamtara, and Rourkela in Jharkhand, India. The contract also includes the manufacture and supply of ZIV protection and control relays, automation systems and engineering services. Jointly managed with CG's Engineering Projects Division, India, the SAS is expected to help monitor and improve PGCIL's transmission capacity across the state. Avantha Group Company CG CEO and managing director Laurent Demortier said, "The substation automation systems delivered to PGCIL are part of the Smart Grid offering that CG has acquired following the acquisition of ZIV in 2012." CG's cost-effective substation automation solutions are based on open standards to simplify future expansion and maintainability and minimise lifetime costs. The company is planning to utilise resources at its automation unit in Bangalore to provide local support during commissioning services. PGCIL is currently developing a robust Integrated National Grid and participating in the Indian Government's flagship programme, 'Power for all'.

5961 Mahindra Shubh Labh Services Ltd (MSSL), a subsidiary of auto giant Mahindra & Mahindra (M&M) has signed a joint venture agreement with Belgium based Univeg. Under the agreement, the two companies agreed to form a joint venturecompany in which MSSL will have 60% stake while the Univeg, the world's second largest supplier of fruits, would hold 40% stake. The company was set up with Rs 30 crore of capital investment initially. However, capitalinvestment will come at every stage of company's operations. The joint venture will focus on developing fresh fruit supply chain toprovide quality fruits that meets the need of both domestic and international markets. The joint venture will cover all business under agri vertical of MSSL except grapes which consists of most of company's business as of now. MSSL is India's largest grapes exporter with last year's turnover of Rs 65 crore out of its total annual turnover at around Rs 350 crore. "There are three basic aims of agri division of our group: increasing farmers'prosperity through raising farm output, producing best quality products toenhance their marketability and exports. This means, MSSL is meant to provideentire agronomy solution to farmers for their all round growth," said PawanGoenka, Executive Director and President, Automotive & Farm Equipment Sectors, M&M. The JV will benefit from the global expertise of both companies whereinUniveg will provide technical knowhow and best practices in quality control,post - harvest handling of fresh produce, ripening process, and farm agronomypractices and procedures to meet international quality standards. MSSL which launched Saboro brand apple in Hyderabad and plans toexpand into all metro cities this year, will assist the JV in arranging contract farming agreements across India while leveraging its domesticmarketing and distribution network and providing the required local licensingand support services.

5960 Man Industries, one of the leading pipe manufacturing company, has recently bagged orders aggregating to Rs.7 billion from domestic and international customer for supply of large diameter pipes for oil and gas as well as water sector projects. In addition to the above confirmed order, the company has outstanding bids over USD 1 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad.

5959 Bengal Abasan Builders, a Kolkata-based group of real estate developers, will investment over Rs.800 crore to set up around 1,600 apartments in Kalikapur, on the south-eastern fringes of the city. Bengal Abasan is a part of the city-based Urban Abasan Group. Called ‘Urban Sabujayan’, the project will be built in two phases over a 22-acre plot. While the first phase consisting of 700-odd dwelling units is expected to be completed by December 2015; the second phase having some 900 units will be completed by end-2017. According to Sunil Kolay, Project Management Consultancy Head, Cosmic Consultancy Service, the project will also include commercial space, schools and other facilities to make it look like a township. Cosmic Consultancy has been roped in as consultants for the project. “In all the dwelling units will be spread across 230 plus buildings over a 22 acre plot. Work on the project has already begun,” he said. Also on card is a second apartment complex at Boral, in the southern fringes of the city. Work on the project is expected to start after October this year. The group is, meanwhile, looking to set up a three-star hotel in the South Kolkata; work on which is expected to begin by the end of this year. This apart, it will also make operational a 32-room guest house in the city outskirts soon.

5958 Jammu and Kashmir Governor N N Vohra today launched a project of Rs 45 crore to save Trikuta hills, housing cave shrine of Mata Vaishnodevi, from landslides and fall of stones from hill tops. As a long term measure to ensure against falling stones and land-slides for the safety of pilgrims, Vohra launched the work for implementation of the first phase of the project, a spokesman of Shri Mata Vaishnodevi Shrine Board said. The project is launched for the protection, treatment and stabilisation of 5 of the most vulnerable sites between Katra and Mata Vaishno Devi Shrine, he said. The first phase of the project is estimated to cost nearly Rs 12 crore and will be completed within a time frame of 21 months. The Governor, who is Chairman of the Shri Mata Vaishno Devi Shrine Board, launched the work on this crucial Project, close to the Battery Car Stand near Shrine on the Lower Track. The 5 sites to be treated in the first phase are located one each close to Inderprastha View Point near Adhkuwari (chainage 5.2 to 5.3 km), in the Shrine area to stabilise over-hanging rock structures and 3 other sites located on the Lower Track between Adhkwari and the Shrine at chainage 0.9 to 1.0 km, near Panchhi Staff Colony (chainage 3.8 to 4.2 km) and before the Battery Car Stand (chainage 5.07 to 5.3 km), SMVDB Chief Executive Officer Mandeep K Bhandari said. The complete project would be implemented in a phased manner at an estimated cost of about Rs 45 crore, he said.

5957 Suez Environnement Co. (SEV), Europe’s second-biggest water company, won contracts valued at 61 million euros ($84 million) to build drinking and wastewater treatment plants and manage distribution in three Indian cities. Suez will help improve water distribution for 12.5 million people in Mumbai, India’s most-populous city, the utility said today in an e-mail. A five-year, 31 million-euro deal requires the company to ensure 24-hour supply and cut water leaks. The French utility’s India arm Degremont also won two contracts valued at a combined 30 million euros to build drinking water and wastewater treatment plants in the cities of Pune and Bangalore, it said. Degremont will build a drinking water plant for 2.5 million residents in Pune, near Mumbai. The contract, awarded under India’s Jawaharlal Nehru National Urban Renewal Mission, requires the company to build the plant within 30 months and manage it for five years. The unit was also awarded a contract to build two wastewater treatment plants over 24 months on the outskirts of Bangalore.

5956 Power and automation technology group of ABB has won an order worth around $18 million from Power Grid Corporation of India Ltd (PGCIL) to construct a 400 kilovolt (kV) gas-insulated switchgear (GIS) sub-station at Kolhapur in Maharashtra. The new sub-station will help strengthen the inter-regional grid between the western and southern regions. “This sub-station will boost power transmission to the southern region and increase the inter-regional transfer capacity,” Oleg Aleinikov, head of ABB’s Sub-stations business, a part of the company’s Power Systems division, said in a statement. “ABB’s latest GIS technology will help reduce the sub-station’s footprint significantly, while ensuring efficiency and reliability,” he added. The project scope includes design, engineering, supply, installation and commissioning.

5955 Jaihind Projects, an engineering, procurement and construction turnkey company, has received order worth Rs 114.8 crore from Indian Oil Corporation (IOC). The order is for laying of mainline for Paradip-Haldia-Durgapur LPG pipeline project.