TATA Projects secures $321 million order from Nuclear Power Corporation

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By Accommodation Times Bureau

HYDERABAD:

TATA Projects Ltd today received an order for 2X700 MW power plant valued around $321 million from Nuclear Power Corporation of India (NPCIL), said the official release.

This is the company’s third contract in the nuclear power sector. The work involves a construction of main plant buildings, structures and other associated works of Gorakhpur Haryana Anu Vidyut Pariyojana – 1 & 2, it added.

The Gorakhpur Haryana Anu Vidyut Pariyojana is a proposed nuclear power plant to be built on a 560 hectares area west of Gorakhpur village of Fatehabad district of Haryana.

The nuclear power sector is a highly technology-intensive industry wherein execution expertise is an essential criterion. As nuclear power remains critical to fulfilling India’s long-term energy requirements – the need for timely completion of such projects meeting world-class quality criteria is necessary.

Satyanarayana K, COO – Industrial Systems, TATA Projects Ltd, said, “Once completed, this project will provide much-needed power supply to the region and ensure developmental initiatives receive an impetus.”

Over the years, Tata Projects has grown from a turnover of Rs 34,440 million in FY 2015 to Rs 1,30,000 million in FY 19 (Projected).





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