/ Reliance Infrastructure Bags EPC Order For Rs 3,675 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 21 November 2016

Reliance Infrastructure Limited (RInfra) EPC Division has won a prestigious EPC order for Rs 3,675 crore (Rs 2,302 crore plus USD 205 million) from NLC India Limited (formerly known as Neyveli Lignite Corporation Limited) for setting up two nos. of Lignite based CFBC Thermal Power Projects of capacity 250 MW each, in Barsingsar and Bithnok of Bikaner District, Rajasthan, India.

The contract entails complete Engineering, Procurement and Construction (EPC) on turnkey basis of 2 Nos of 1 X 250 MW Power Plant based on Circulating Fluidized Bed Combustion (CFBC) technology. The project is to be commissioned in 40 months, and will include Boiler, Turbine & Generator and Balance of Plant. RInfra won the bid amidst stiff competition against leading EPC players. Expression of Interest (EOI) for Qualification Requirement (QR) through International Competitive Bidding (ICB) on EPC basis was floated, and leading companies including RInfra, BHEL, Lanco, SEPCO I, SEPCO III and BGR Energy participated in the bid. RInfra bid was the lowest amongst shortlisted bidders.

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