Sunil Hitech bags orders worth Rs 649 cr in Q1

Nagpur, July 28 (UNI) Nagpur-based Sunil Hitech Engineers Limited (SHEL) has bagged fresh orders worth Rs 649.22 crore in the first quarter of the current fiscal, the highest for any quarter.

The orders include a Rs 329.62 crore EPC (engineering procurement contract) contract for a 30-megawatt (MW) cogeneration power plant and a 60 kilolitres per day (KLPD) distillery plant, being set up by Gangakhed Sugar and Energy Private Limited, with its sugar factory in Parabhani district of Maharashtra, according to a company press release here. This is the biggest single order that SHEL has bagged since its inception, and also marks the company's foray into the EPC business, it said.

The company would undertake a Rs 216 crore earthwork project for Rajwest Power Limited at Barmer in Rajasthan for the excavation and disposal for a raw water reservoir, the release said.

SHEL has bagged the order for the supply and erection of the boiler and turbine generators for two units of 300 MW each (units 1 and 3) for JSW Energy Ratnagiri Limited at Jaigad, as well as for the erection of a turbine generator for a unit of 250 MW (unit 2) for Maharashtra State Power Generation Company Limited (MAHAGENCO) at Parli Thermal Power Station, the release said.

These orders are altogether worth Rs 103.6 crore, it said.

With this, the company's consolidated order book position was Rs 1,374.65 crore at the end of the first quarter of 2008-2009, the highest ever, the release added.

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