Marg Ltd bags Rs 250 cr order from Guj-based BECL

AHMEDABAD: Chennai-based MARG Limited, has won a work order valued at Rs 237.85 Crore fromBhavnagar Energy Company Limited (BECL) in Gujarat. The scope of engineering, procurement and construction (EPC) work includes laying five kilometre long submarine pipeline in the roughest sea of Gulf of Khambhat, installing critical marine and civil structures, pumping stations, pipelines, substations and transmission lines.

The work order includes a sea water intake, outfall and circulating water system for the 2 X 250 MW Lignite Based Thermal Power Plant at Padva in Bhavnagar district.

"We are glad to have bagged this prestigious order from BECL. We are consolidating our presence in the EPC sector through strategic International alliances .Our pursuit of 'technological innovation' to deliver world class infrastructure is being partnered by knowledge initiatives of our collaborators. MARG's domain expertise in port, marine infrastructure, industrial EPC and other infrastructure projects will add value for the successful completion and on-time delivery of this project," stated GRK Reddy, chairman and managing director, MARG Group,a BSE listed company in a release issued here.

Bhavnagar Energy Company Limited (BECL) is promoted by state PSUs viz. Gujarat Power Corporation Limited (GPCL),Gujarat State Investments Limited (GSIL), Gujarat Mineral Development Corporation Limited (GMDC),Gujarat Industries Power Company Limited (GIPCL), Gujarat Alkalies and Chemicals Limited (GACL), Gujarat Narmada Valley Fertilisers Company Limited (GNFC) and Gujarat State Fertilisers & Chemicals Limited (GSFC).

The company's EPC division provides integrated turnkey solutions and its range of services include integrated design, engineering, material procurement, field services and construction & project management services for infrastructure sector and real estate projects.