Construction and Engineering
Company Overview of Tata Projects Limited
Tata Projects Limited operates as an engineering, procurement, and construction (EPC) contracting company in the engineering sector. It operates through seven strategic business units: Power Generation; Transmission and Distribution; Railways; Water and Waste Water; Metals and Minerals; Quality Services; and Oil, Gas, and Hydrocarbon. The Power Generation unit engages in the execution of balance of plant works in power sector on EPC basis. The Transmission and Distribution unit commissions transmission lines. The Railways unit focusing on executing EPC projects for railways on turnkey basis. The Water and Waste Water unit is engaged in water, waste water, sea water desalination, mobile sea w...
Mithona Towers - I
1-7-80 to 87
Opp. Wesley Co – Ed. Jr. College
Prenderghast Road, Near Paradise Circle
Founded in 1979
Key Executives for Tata Projects Limited
Chief of Corporate Affairs
Head of Power Generation and Executive Vice President
Head of Metals & Minerals
Compensation as of Fiscal Year 2013.
Tata Projects Limited Key Developments
Chennai And Lucknow Airports Envinced Interests
Sep 21 13
Chaudhary Charan Singh International Airport and Chennai International Airport have evinced interest in bidding from Eleven companies, including International Leasing And Financial Services Ltd. (DSE:ILFSL), Essar Infrastructure Holdings Ltd, Tata Projects Limited, Tata Realty and Infrastructure Limited, GMR Infrastructure Limited (BSE:532754) and Reliance Industries Limited (BSE:500325).
Tata Realty and Infrastructure, TATA Housing Development And Tata Projects Mull Acquisitions
Jul 3 13
Tata Realty and Infrastructure Limited, TATA Housing Development Company Limited and Tata Projects Limited are mulling investment opportunities of about INR 700 billion in infrastructure, rail, roads, bridges, and real estate besides heavy engineering in the next five years. Tata Sons Limited officials said "New businesses were coming up and the ones aggressively bid were up for sale at lower valuations as in roads giving the Tata companies opportunity to grow organically as well as inorganically." Brotin Banerjee, Managing Director and Chief Executive Officer of TATA Housing, said "they were looking at residential projects in both luxury and affordable housing segments where it would invest around INR 350 billion in the next five years. Around 70% of this investment will go into land acquisition and construction activity. Most of the investment would come from internal accruals and part of it would be funded through debt as and when required over the coming years. The company would also be looking at housing and redevelopment projects in Sri Lanka, Myanmar and Bangladesh in the coming years." Sanjay G Ubale, Managing Director and Chief Executive Officer of Tata Realty, said, We are also looking at inorganic growth where we would acquire completed and operational projects to enhance our portfolio of lane kilometres. In two years, we want to increase our portfolio to 2,000 lane km. Things have started to stabilise now and we will see the premiums for the projects awarded come down from the highs of the last few years. The situation has also presented us with opportunities to look at secondary assets where valuations have dropped." Sanjay G Ubale also said "We have an investment plan of around INR 227 billion in the next five years." Vinayak Deshpande, Managing Director of Tata Projects, said "We see valuable projects coming up in the dedicated freight corridors. This will mean a lot of work in the power generation and steel blast furnace space. Our investment is the working capital requirement and employee costs, which is around INR 2 billion per annum. This would be around INR 100 billion for five years."
Tata Projects India-Aldesa Joint Venture Bags INR 33,000 Million Dedicated Freight Corridor Contract
Jan 25 13
The first major contract worth INR 33,000 million for the Dedicated Freight Corridor (DFC) project has been awarded to Tata-Aldesa joint venture. The contract involves construction of a 343-km-long double track line between Kanpur and Khurja in the eastern corridor. Tata-Aldesa comprises Tata Projects India and Aldesa. It won the bid from among 10 other bidders through an international competitive bidding process. The DFC is an ambitious programme of the government which involves construction of two corridors: the eastern corridor from Ludhiana to Dankuni (1,839 km) and the western corridor from Dadri to Jawaharlal Nehru Port, Mumbai, (1,499 km) for seamless movement of rail freight traffic. While this contract is likely to be completed in four years and is the first World Bank-funded contract, the current year will also witness other large-sized contracts being awarded for the JICA-funded Western corridor. Approximately, 8,000 hectares of land spread over nine states and 61 districts have been acquired in a span of less than three years for both the corridors. The remaining 18% land acquisition is in progress.
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