Subhash Projects and Marketing Limited wins NTPC's largest power project order worth over Rs. 329 crores

Company Brief

Kolkata, April 02, 2008

Subhash Projects and Marketing Limited (SPML), one of India's leading infrastructure company has secured mandate worth Rs. 329.48 crores from National Thermal Power Limited (NTPC Ltd) for the Bongaigaon Thermal Power Project, Assam (3X 250 MW). The estimated project value is the largest from the NTPC Ltd given to any company operating in the infrastructure sector. It is also the largest order bagged by SPML with a cumulative project value of Rs. 710 crores which includes value of cement and structural steel to be issued by the corporation.

The project involves execution of main plant, civil works and offsite civil works package which includes dismantling of the existing structure at the abandoned power plant of Assam State Electricity Board, clearing and developing the area and thereafter to construct pile foundation. The scope of work will also include construction of all the heavy structure, the foundation units like turbine/generator, boilers, chimney, mill and bunkers, clear water pump house and a number of buildings.

The state of Assam is the gateway to north east India and is starving for electricity. Though it has some hydro electric power plant, it hardly has any thermal power. NTPC has ventured installing 3 units of 250MW which will boost power scenario of Assam and neighbouring states.

Mr. Subhash Sethi, Vice Chairman, Subhash Projects and Marketing Ltd. comments "We are very happy and proud to announce that we are moving from strength to strength demonstrating our capabilities in executing large scale projects. This prestigious order from NTPC reinforces our core competencies and our intent of growing at a rapid pace in this segment in the coming years."

For further information, please contact:

Perfect Relations

Komal Arora

Mob: +09818776033

e-mail: karora@perfectrelations.com