Sunil Hitech’s order book crosses Rs 1300cr
Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power sector, has bagged fresh orders worth Rs 649.22 crore in the first quarter of the financial year 2008-2009. At the end of first quarter of the present fiscal the company is holding a strong consolidated order book position worth Rs 1374.65 crores.
The company has bagged Engineering Procurement Contract (EPC) job for 30 MW works and 60 KLPD Distillery Plant with 6000 TCD sugar for Gangakhed Sugar & Energy Pvt Ltd., in District Parbhani. The work is worth Rs 329.62 crore. This is the biggest single order Sunil Hitech has bagged since its inception which marked the entry of the company into EPC business. The order is a major stepping stone for the company.
The company will be undertaking a Rs. 216 crore earthwork project for Rajwest Power Ltd. at Barmer in Rajasthan for the excavation and disposal for a Raw Water Reservoir. The quantum of excavation involved is to the tune of 80 Lacs Cum .
SHEL has bagged a 2X300MW, Unit 1&3, Boiler and TG Erection works for JSW Energy Ratnagiri Ltd., at Jaigad. A 1x250MW, Unit-2, Turbine Generator erection works for Mahagneco at Parli Thermal Power Station in Maharashtra will also be taken up by SHEL. The total value of these works is Rs 103.6 crore.
The orders bagged by Sunil Hitech in the first quarter amounts to 64.2% of the order book position ending March ’08.
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