Reliance Infrastructure (RInfra) has won two prestigious EPC contracts in Bangladesh together valued at Rs 5,000 crore. The projects were won on International Competitive Bidding (ICB). Both the contracts are to be executed in a project schedule of 24 months, and are to be completed by 2019.
The first EPC contract includes setting up the entire infrastructure of a 750 MW LNG-based combined cycle power plant at Meghnaghat (Dhaka), while the second project is for building a 500 MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia Island, both in Bangladesh.
The contracts for both the projects entail design, engineering, supply, transportation, erection, testing and commissioning processes. The integrated LNG terminal project works would include setting up jetty and onshore and offshore gas pipelines.
Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
Company Name | CMP |
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NTPC | 356.10 |
Tata Power | 408.45 |
Power Grid Corp | 325.80 |
Adani Power | 476.15 |
Torrent Power | 1583.00 |
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