Annual Report 2010-2011 - Gammon India
Annual Report 2010-2011 - Gammon India
Annual Report 2010-2011 - Gammon India
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The Company completed the following Projects during the year:<br />
(1) Elevated Road Project at Amritsar, valued at ` 216 crores for Design & Construction of 2-Lane<br />
Elevated Road from G.T. Road to Golden Temple and 4-Lane Elevated Road on G.T. Road from<br />
Maqbulpura Chowk to Bhandari Pul.<br />
(2) Contract No. BC 25, 27, 28, 29 and 30R of Delhi Metro Rail Corporation, valued at ` 315 crores.<br />
(3) DDA Flyover at Bund Road, Near Commonwealth Games Village completed ahead of schedule and<br />
opened to traffic before Commonwealth Games.<br />
(4) Elevated Viaduct for Bangalore Metro Rail.<br />
Some of the projects under execution are:<br />
(1) Signature Bridge Project, valued at ` 632 crores for Construction of Main Cable Stayed Bridge over<br />
Yamuna River at Wazirabad, Delhi. The bridge will have a dual carriage way of 4-Lanes each. Length<br />
of main bridge is 575 mts. with extension of 112 meters. The height of the pylon is 151 mts. above<br />
the deck level.<br />
(2) Bongaigaon TT Foundation, valued at ` 63 crores for Construction of Pile and Well Foundation<br />
Package for River Crossing Location for 440 KV D/C Byrnihat-Bongaigaon Section of Palatana-<br />
Bongaigaon Transmission Line Associated with 726.6 MW Gas Based Power Plant at Palatana,<br />
Tripura.<br />
(3) Munger Bridge, valued at ` 363 crores for Construction of Steel Super Structure and Other Ancillary<br />
Works of Rail-cum-Road Bridge across River Ganga at Munger.<br />
(4) Bogibheel Bridge, valued at ` 363 crores across River Brahmaputra Near Dibrugarh.<br />
(5) Kosi Bridge, valued at approximately ` 368 crores for design, construction, finance, operation and<br />
maintenance of four lane Bridge across River Kosi including its approaches on NH-57 on Annuity<br />
Basis.<br />
(6) Godavari Bridge at Rajahmundry, valued at ` 700 crores Design, Construction, Finance, Operation<br />
and Maintenance of major Bridge across River Godavari on Rajahmundry side.<br />
(7) Contract from Kolkata Metro Rail Corporation (valued at ` 212 crores) for Design and Construction of<br />
4.725 km. viaduct and portals for junction arrangement for future link to airport (elevated section) of<br />
East West Corridor of Kolkata Metro excluding viaduct at stations namely salt lake stadium, Bengal<br />
Chemical, City centre, Central park, Karunamoyee and Salt lake sector-V each of length 140 mts., on<br />
Subhash Sarobar to Salt lake Sector-V.<br />
(8) Wazirabad Bridge Project at Delhi, valued at ` 360 crores for Construction of major bridge and its<br />
approaches cross River Yamuna downstream of existing bridge at Wazirabad-Delhi.<br />
(c) Ports:<br />
The <strong>India</strong>n coastline is dotted with 12 major ports and 187 minor ports. <strong>India</strong> has one of the largest<br />
merchant shipping fleet and is ranked 16th among the maritime countries. <strong>India</strong>n shipbuilding industry<br />
currently accounts for about One per cent of the global shipbuilding market and is targeting a world share<br />
of 5 per cent by 2017. Your Company is currently executing the project for design, engineering, procurement<br />
and construction of Offshore Terminal for Mumbai Port Trust, valued at ` 436 crore.<br />
2. Power sector – Economic Scenario:<br />
Availability and access to energy are considered as catalysts for economic growth. The envisaged growth of the<br />
economy at 9% in the Eleventh Plan cannot be achieved without a commensurate increase in the availability of<br />
energy. At the end of 10th year plan there was 13% deficit in the peak load demand of electricity. The National<br />
Electricity Policy envisages “Power for all by 2012” and per capita availability of power to be increased to over<br />
1,000 units.. With reference to the Ministry of Power’s reports the Working Group on Power has recommended<br />
a plan size of about 82,200 MW for 12th Plan also. This would comprise hydro projects totaling about 30,000<br />
MW, thermal projects totaling 42,200 MW and nuclear projects of about 10,000 MW capacities.<br />
Industrial/Power Structure and Development:<br />
<strong>Gammon</strong> has consolidated its position in this sector on account of the growth. The increase in demand of<br />
electricity and time bound implementations of various projects have helped in realising better output for the<br />
resources deployed. This is becoming one of the most important sector in the Company’s growth agenda.<br />
A NNUAL R EPORT I <strong>2010</strong>/11