Summary of Recently Awarded Contracts on 5 Feb 2025.
GE Power India Limited
- Client: NTPC Limited
- Contract Value: ₹137.5 million (excluding 18% GST)
- Scope: Supply of generator parts for a Telangana site
- Nature of Contract: Parts supply
- Execution Timeline: 40 weeks
- Related Party Transaction: No
Knowledge Marine & Engineering Works Limited (KMEW)
- Client: Dredging Corporation of India Limited (DCIL)
- Contract Value: ₹48.46 crore (inclusive of taxes)
- Scope: Chartering a Trailing Suction Hopper Dredger (TSHD) for dredging at Deendayal Port (Kandla Creek, Oil Jetties, Cargo Berths)
- Contract Duration: One year, extendable by another year upon mutual agreement
- KMEW’s Share: 10% of the ₹409 crore total dredging project
- Additional Engagements:
- Currently executing a ₹15.06 crore dredging and salvage contract at Deendayal Port
- Fifth contract win from DCIL, bringing total DCIL orders to ₹97.11 crore
- Total order book now stands at ₹1,081 crore
- Related Party Transaction: No
Welspun Michigan Engineers Limited (WMEL)
- Client: Brihanmumbai Municipal Corporation (BMC)
- Contract Value: ₹290.88 crore (including GST & ₹37 crore O&M)
- Scope: Engineering, Procurement, and Construction (EPC), followed by 7 years of Operations & Maintenance (O&M) for the Mogra Storm Water Pumping Station in Mumbai
- Execution Timeline: 20 months (excluding monsoon), post statutory approvals
- Project Impact: Expected to mitigate flooding in Oshiwara, Andheri, Versova, and Jogeshwari
- Order Book Impact:
- As of January 31, 2025, WMEL’s order book stood at ₹2,546 crore
- With the new contract, the outstanding order book increases to ₹2,791.76 crore (excluding GST), including ₹124.75 crore from O&M
- Related Party Transaction: No
