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Home arrow News arrow Business News arrow Heavy Engineering Corporation, Ranchi Bags largest ever Order - Rs.742 Crore
Heavy Engineering Corporation, Ranchi Bags largest ever Order - Rs.742 Crore Print E-mail
Written by Ganesh   
Thursday, 07 August 2008
Ranchi: Heavy Engineering Corporation Limited, Ranchi (HEC) has bagged the largest ever order of Rs.742 Crores from SAIL, Rourkela steel Plant in consortium with M/s Shapoorjii & Pallonjee Co. Ltd. Kolkata for setting up new Ore Bedding and Blending Plant (OBBP) & Base Blending facilities at RSP Rourkela.  

HEC has come out of the Red and has been making net profit for the last two years.

In this era of cut throat competition, HEC has made a remarkable presence in the field of turnkey execution of Raw Material Handling System by receiving this prestigious order under stiff competition with two leading engineering companies M/s Larsen & Toubro (L&T) and M/s Mcnally Bharat Engg. Co. (MBE). This is the largest single order ever received by HEC in their history. The company is poised for a period of Growth and Prosperity. 

HEC had successfully executed a similar Raw Material Handling Plant at Rourkela Steel Plant earlier in 1996 which is performing satisfactorily. 

The company is presently engaged in execution of Coal Handling Plant at Nigahi Project, Northern Coalfield Limited (Value Rs.135 Crores) & Ore Handling Plant at Bhilai Steel Plant, Bhilai (Value Rs.202 Crores).

In this turnkey project, the work broadly comprises of Design, Engineering, Manufacture, Supply, Erection, Testing, & Commissioning of the complete plant within 30 months. 

The major equipments under this project are:

* Wagon Handling System i.e. Wagon Tippler, Side arm charger, Apron feeders, Paddle feeders etc.

* Crushing & Screening Equipments i.e. Reversible hammer crushers, Roll crushers, Screens etc.

* Yard equipments i.e. Twin Boom Stackers, Bucket Wheel Reclaimer, Stacker-cum-Reclaimer, Barrel type Reclaimer, Transfer car etc. 

Mr. G.K.Pillai, CMD HEC indicated that its success is due to it’s dedicated and motivated team of highly skilled persons in the company with many years of rich experience in this field. 

As a part of growth strategy being formulated by HEC, the turnkey project business is being given the right focus as HEC is confident of playing an important role in the growth plan of nation. The company has an ambitious plan to undertake more challenging work than ever before.  

The company is committed to deliver the plant in time within the delivery period with high quality of equipments meeting customer’s expectations in all respects.  

CMD HEC further indicated that the company’s future is bright and full of opportunities, spurring a dynamic team to greater heights and achieve bigger targets.

Last Updated ( Thursday, 07 August 2008 )
 
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