A total of 5,878 contracts with an order value totalling Rs 4,15,664 crore were awarded in FY19, as per the data mapped by Projects Today. These orders (Domestic & Overseas) were bagged by 2,622 companies across various sectors.
Services & Utilities which comprises the Social and Transport sectors accounted for a mammoth share of 71 percent of the total contracts awarded for FY19. The sectors saw finalisation of 4,710 contracts with an order value worth Rs 2,93,694.48 crore.
Within Services & Utilities, Roadways dominated the share with 47 percent of the contracts awarded under this sector. A total of 2,618 contracts with an aggregate Rs 1,37,475 crore were awarded in the Roadways sector. The Maharashtra State Road Development Corporation and the Public Works Department, Maharashtra, amounted for an aggregate Rs 60,820 crore of the total contracts awarded in the Roadways sector.
One of the major developments seen during the period was awarding of all 16 packages of Nagpur-Mumbai Samruddhi Corridor. The mega project will be taken up by Megha Engineering & Infrastructures, Afcons Infrastructure, NCC, PNC Infratech, Sadbhav Engineering, Apco Infratech, Reliance Infrastructure, Montecarlo in JV with Iron Triangle, Larsen & Toubro, Gayatri Projects, Dilip Buildcon, BSCPL Infrastructure in JV with GVPR Engineer, and Navayuga Engineering Company. The aggregate value of these contracts is Rs 31,589.93 crore.
Another mega contract secured during FY19 was for construction of Versova-Bandra Sea Link Project in Mumbai. The contract worth Rs 6,994 crore for 17.17 km sea link was awarded to Reliance Infrastructure in JV with Astaldi.
A positive gain was also seen in Railways, Telecom services and Airways (Aviation Infrastructure) industries. In the Railways sector, Rail Vikas Nigam, Maharashtra, Metro Rail Corpn and Delhi Metro Rail Corpn awarded contracts worth Rs 3,553 crore, Rs 2,967 crore and Rs 2,947 crore, respectively. In all, 278 contracts worth Rs 27,327 crore were awarded in the Railways sector.
BEML bagged one of the major contracts worth Rs 3,015 crore from the Delhi Metro Rail Corporation for supply of 378 metro coaches (63 metro trains) to Mumbai Metro Line- 2 & 7.
Under Telecom Services, a total of Rs 24,304 contracts were awarded in FY19. Of these, the contracts for carrying out works under BharatNet Phase-II amounted to around Rs 19,000 crore. The Airways was another sector which saw a positive growth trajectory with 131 contracts worth Rs 13,975 crore awarding under this industry.
Adani Enterprises won the bids for management of six airports — Jaipur International Airport (Rajasthan), Thiruvananthapuram International Airport (Kerala), Sardar Vallabhbhai Patel International Airport (Gujarat), Chaudhary Charan Singh International Airport (Uttar Pradesh), Lokpriya Gopinath Bordoloi International Airport, Guwahati (Assam), and Mangaluru International Airport (Karnataka). The concession period for these six airports is 50 years.
In the Real Estate segment, in terms of value, Capacite Infraprojects, in consortium with Tata Projects & CITIC Construction Company, bagged the largest contract for redevelopment of BDD Chawls at Lower Parel Division at Worli in Mumbai worth Rs 11,744.26 crore.
In terms of value, the Electricity & Non Conventional Energy sector accounted for 14.93 percent of the total orders awarded in FY19. A total of 635 contracts with an order value of Rs 62,047 crore were secured by various power companies for executing works across India and overseas.
Bharat Heavy Electricals (BHEL) bagged 17 contracts with an aggregate value of over Rs 10,300 crore. One of the mega contracts bagged by the company is Rs 4,400 crore work order from the Uttar Pradesh Rajya Vidyut Utpadan Nigam for civil, structural and architectural works for 1 x 660 MW Panki Thermal Power Station Extension Project at Panki in Kanpur district of Uttar Pradesh on EPC basis. It has also bagged works for 660 MW Sagardighi Thermal Power Project (West Bengal), and 900 MW Arun-3 Hydroelectric Project (Nepal).
KEC International, another power transmission company, secured 27 work orders worth around Rs 9,000 crore for executing jobs in India, Nepal, Bangladesh, Australia, and South Africa.
The Irrigation sector saw finalisation of 167 project-related contracts worth Rs 29,359.04 crore in FY19. Of the total, 97 contracts worth over Rs 23,000 crore were for executing work in the state of Madhya Pradesh. Most of these contracts were awarded by the Water Resources Department, Madhya Pradesh.
One of the major contracts awarded by the nodal agency was for construction of Lower Orr irrigation system by lifting water to irrigation command area of 1,10,400 ha, at Ashoknagar district on turnkey basis.
A total of 312 contracts with an aggregate value of Rs 23,993 crore were awarded under the Manufacturing sector, while 54 projects contracts worth Rs 6,570.31 crore were awarded to execute the job under the Mining sector.
States: Maharashtra tops the chart
During FY19, a total of 5,763 domestic project contracts with an order value totalling Rs 3,89,737 crore were awarded across different states. Maharashtra remained the top state with 1,031 contracts worth Rs 1,16,579 crore in FY19. The state accounted for a share of 28 percent total share during FY19.
Madhya Pradesh grabbed the second position with 499 work orders worth Rs 42,608 crore and Uttar Pradesh remained at the third spot by awarding 159 contracts worth Rs 31,012 crore.
Moreover, the states of Madhya Pradesh, Uttar Pradesh, Andhra Pradesh, Tamil Nadu and Karnataka accounted for over 30 percent of the contracts awarded.
During FY19, Indian companies bagged 115 overseas contracts across Roadways, Railways, Railway Wagon & Equipment, Petroleum Products [Refinery] industries from countries like Italy, Oman, Nepal, South Africa, and so on.
Larsen & Toubro in JV with Marubeni Corp, bagged a major contract for electrical & mechanical systems package of Dhaka Mass Rapid Transit Development Project (MRT-Line 6).
Titagarh Firema bagged a contract for design, manufacture and supply of 54 units of Metro for Ferrovia Circumetnea, Italy.Saudi Aramco, while C & C Constructions secured a contract from the Ministry of Defence, Sultanate of Oman for design and construction of connecting the road between upper Surfeit & Sea to Surfeit.