Marg Bags A Major Contract With The Bhavnagar Energy Company Limited In Gujarat
Posted on: 26/Jul/2011 4:41:48 AM
Chennai headquartered, MARG Limited (BSE: 530543), one of the India’s leading diversified infrastructure organizations, has won an EPC Work order valued at Rs 237.58 Crore from Bhavnagar Energy Company Limited (BECL) in Gujarat. The work order includes a Sea Water Intake, Outfall and Circulating Water System for the 2 X 250 MW Lignite Based Thermal Power Plant at Padva, Bhavnagar, Gujarat.
The scope of work includes the challenging work of laying Submarine Pipeline of 5 KM in the roughest sea of Gulf of Cambay, Critical Marine and Civil Structures, Pumping Stations, Pipelines, Substations and Transmission Lines. The time frame for completion of the project is 24 months.
Bhavnagar Energy Company Limited (BECL) is promoted by state PSUs viz. Gujarat Power Corporation Limited (GPCL), Gujarat State Investments Limited (GSIL), Gujarat Mineral Development Corporation Limited (GMDC), Gujarat Industries Power Company Limited (GIPCL), Gujarat Alkalies and Chemicals Limited (GACL), Gujarat Narmada Valley Fertilizers Company Limited (GNFC) and Gujarat State Fertilizers & Chemicals Limited (GSFC).
Speaking on the occasion, GRK Reddy, Chairman and Managing Director, MARG Group said, “We are glad to have bagged this prestigious order from BECL. We are consolidating our presence in the EPC sector through strategic International alliances .Our pursuit of ‘technological innovation’ to deliver world class infrastructure is being partnered by knowledge initiatives of our collaborators. MARG’s domain expertise in port, marine infrastructure, industrial EPC and other infrastructure projects will add value for the successful completion and on-time delivery of this project.”
MARG’s EPC division provides integrated turnkey solutions and its range of services include integrated design, engineering, material procurement, field services and construction & project management services for infrastructure sector and real estate projects. Already MARG Limited has a sizable National presence and is undertaking orders across India and across private and public sector.
Some of its large external customers include Government of Pudhucherry, Alstom, Asian Wind Turbines, Petronet, Assotech Ltd, BHEL, Daslagerway Wind Turbines Ltd, Larsen & Tubro, Enercon India (P) Ltd., Indian Railways, Indian Oil Corporation, Military Engineering Services, Hindustan Petro Chemical Ltd, Housing and Urban Development Corporation, Lucknow Development Authority and National Buildings Construction Corporation
MARG EPC also has the enviable reputation of building MARG Karaikal port (now considered as one of India’s finest private sector ports) and MARG Swarnabhoomi (a unique smart eco-system based land of new thinking and a city that follows the principle of Education, Research and innovation).
