July 30, 2014 6:25 PM ET

Construction and Engineering

Company Overview of Tata Projects Limited

Company Overview

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

Secunderabad,  500003

India

Founded in 1979

Phone:

91 40 6623 8801

Fax:

91 40 6617 2535

Key Executives for Tata Projects Limited

Managing Director
Age: 57
Chief of Corporate Affairs
Head of Power Generation and Executive Vice President
Head of Quality Services
Head of Metals & Minerals
Compensation as of Fiscal Year 2014.

Tata Projects Limited Key Developments

Investor Reportedly Eye SMS

REMONDIS SE & Co. KG; Metito Overseas Ltd.; Tata Projects Limited; Va Tech Wabag Ltd (NSEI:VATECH) are in the race to acquire a strategic stake in Aditya Birla Private Equity backed SMS PARYAVARAN Limited. The deal, valuing SMS Paryavaran at INR 5 billion, could help Aditya Birla exit SMS, three people with direct knowledge of the development said. "The company is looking at raising INR 150 crore to expand its current order book and execute some of the existing projects," an investment banker said. "Currently, the company is looking at selling a significant minority stake where Aditya Birla PE could also partially exit." The company's valuation has grown about four times since it reported revenues of INR 131 crore in 2012-13. "VA Tech Wabag and Tata Projects, too, have put in a competitive bid. Talks are on and the company will enter into exclusive talks with one of these players by end of the month," another person with knowledge of the company's plans said.

Chennai And Lucknow Airports Envinced Interests

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 Projects India-Aldesa Joint Venture Bags INR 33,000 Million Dedicated Freight Corridor Contract

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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