Cover Story

Most Admired Companies: Tata Projects

July 2011
THE COMPANY

Tata Projects Ltd (TPL) was established in 1979 as an engineering, procurement and construction (EPC) company in the engineering sector of the Tata Group. It is one of the earliest and very few Indian EPC companies to have acquired the triple certifications of ISO 9001, 14001 and OHSAS 18001. Today, TPL is one of the leading EPC companies in India, admired for its ethics, safety and quality systems. It has seven strategic business units - power generation; transmission and distribution; railways; water and wastewater; metals and minerals; oil, gas and hydrocarbon; and quality services. The company has set up its own power manufacturing unit near Nagpur and has acquired a majority stake in Artson Engineering Ltd (for OGH projects) and formed JV companies Al Tawleed (for projects in Saudi Arabia), TEIL Projects Ltd (with EIL, a central PSU) and TPL-TQA Ltd (for third-party inspection services in South Africa). TPL has over 2,000 employees spread across three regional offices, 15 regional inspection centres and three overseas registered offices. TPL is currently executing 76 projects in India and abroad. Its top line is growing at a CAGR of about 35 per cent for the past five years. As part of its corporate sustainability activities, TPL has identified four focused areas - employability skill development, primary education, safe drinking water and health and community development. It trains underprivileged youth, supports the education of economically backward students, provides safe drinking water through RO plants manufactured by the company and organises health camps for its communities in and around project sites. Accolades received in 2011 include CII's National Award for Excellence in Water Management and CII's Award for Excellence in EHS Practices at Project Sites.

FUTURE WATCH!

"Our focus areas will be cost optimisation through strategic sourcing, enhanced in-house civil construction capability and rigorous project reviews to address site issues proactively and identify improvement projects to reduce waste at sites."

COMPLETED PROJECTS (2010-11)
  • EPC of BoPfor 1×125 MW lignite thermal power plant at Giral, Rajasthan, for Rajasthan Vidyut Utpadan Nigam Ltd, Jaipur at Rs 250 crore.
  • EPC of BoP for 1×195 MW, Stage-V, Unit 7, Kota Super Thermal Power Station, Rajasthan, for RRVUNL at Rs 270 crore.
  • Supply and erection of tower package G1 for 765 kV S/C Seoni Bina transmission line, Madhya Pradesh, for Powergrid at Rs 105 crore.
  • Design and construction of primary electrical HV substations (CP/2-2), Qatar, for United Development Consultants at Rs 480 crore.
  • All civil work in connection with the gauge conversion of metre gauge railway line to broad gauge line of the Villupuram-Mayiladuthurai section of Southern Railway for Rail Vikas Nigam Ltd at Rs 160 crore.
ONGOING PROJECTS
  • Design, supply and construction of 1×4,060 cu m blast furnace for SAIL, Rourkela, (2.5 mtpa) at Rs 1,250 crore.
  • Design, engineering, supply and construction of 1×4,500 M3 blast furnace (3 mtpa) integrated steel plant of NMDC Ltd at Nagarnar, Chhattisgarh, at Rs 1,200 crore.
  • EPC of BoP for 2×500 MW Bhusawal TPS expansion project, Maharashtra, for Mahagenco at Rs 1,900 crore.
  • EPC of BoP and civil work for 2×800 MW TPP at Krishnapatnam for Andhra Pradesh Power Development Company Ltd at Rs 2,775 crore.
  • Supply and erection of 800 kV HVDC Barabisa-Islampur Transmission Line, West Bengal, for Powergrid at Rs 360 crore.
  • EPC of BoP for 2×80 MW CPP Project at Tuticorin, Tamil Nadu, for SIIL at Rs 310 crore.
THE DRIVERS
AK Misra, Executive Director & Chief Operating Officer; AK Mathur, Executive Director

TURNOVER
Rs 3,097 crore in 2010-11

PEOPLE POWER
Over 2,000

CENTRES OF OPERATION
Corporate office in Hyderabad; regional offices in New Delhi, Mumbai and Kolkata; overseas offices in Abu Dhabi, China and South Korea

LANDMARK PROJECTS
One of the country's largest blast furnaces at Nagarnar in Chattisgarh for NMDC; Powergrid's largest transmission line supply and construction contract of the 283 km long 800 kV, high-voltage direct-current bi-pole Barabisa-Moynaguri-Islampur section of the Biswanath Chariyali-Agra Transmission Line; India's largest balance of plant (BoP) contract for the Andhra Pradesh Power Development Company Ltd for its 2×800 MW, super-critical thermal power plant at Krishnapatnam.

ORDER BOOK  
Rs 7,345 crore (as on March 31, 2011)