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| Sitepath: |
Services
> Developmental Projects |
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This Business Unit targets projects to be executed
on principles of Build-Own-Operate-Transfer (BOOT), Build-Operate-Transfer
(BOT), Build-Own-Lease-and-Transfer (BOLT) and Build-Own-Operate-Share-and-Transfer
(BOOST) and other variants. These projects could typically be promoted
by consortium comprising private and public sector companies, financial
institutions and multinationals. |
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| The range of projects developed and targeted
include highways and expressways, bridges, seaports/terminals, airports,
ropeways, water supply projects, sanitary engineering projects, bulk
material handling projects, power transmission utilities, infotech
and industrial parks/estates, petro parks, public car parks, gas/oil
pipelines, hydel projects and non-conventional energy projects. |
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| This Business Unit draws on ECC’s traditional
strengths and wide-ranging experience to execute projects on EPC basis
through Special Purpose Vehicles (SPVs) and Joint Ventures (JVs). |
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| ROADS |
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| L&T Transportation Infrastructure Limited
(L&T-TIL) |
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| This SPV was formed to design and construct
a Bypass road at Coimbatore. This project is the first private road
project executed on BOT basis in Tamil Nadu. The project was handled
by L&T from concept to completion. The scope of this project included
construction of a 28km bypass road along with an additional two-lane
bridge across river Noyyal at Athupalam. The concession period, including
construction time will be 32 years for the bypass and 21 years for
the Athupalam bridge. The commercial operations at the Athupalam bridge
and Bypass commenced in December 1998 and January 2000 respectively.
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| Ahmedabad-Mehsana Toll Road Limited (AMTRL)
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| L&T has completed construction of a 51km
four-lane toll road project (plus two service lanes on either side
for almost the entire length) from Ahmedabad to Mehsana), and the
Kadi-Kalol spur road (11 km) through AMTRL, an SPV promoted by Government
of Gujarat and Infrastructure Leasing & Financial Services (IL&FS).
L&T is also a shareholder in the SPV. |
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| L&T is both the EPC contractor and Operations
& Maintenance Contractor in this project. This project was implemented
on BOOT basis. Construction has been completed well ahead of schedule.
and operation & Maintenance in progress from Feb 2003 onwards. |
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| GVK Jaipur-Kishangarh Expressway Private
Ltd. |
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| L&T is constructing a six-lane expressway
between Jaipur and Kishangarh on National Highway 8 (NH-8) through
an SPV namely GVK Jaipur-Kishangarh Expressway Private Ltd. The project
scope involves 90.4 KM of six lane highway with flyovers and interchanges
at major junctions and provision of state of the art Highway traffic
management and toll system. |
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| L&T is EPC Contractor for a stretch of 40
km and responsible for the installation and commissioning of the Toll
and HTMS. L&T is part of the developer consortium for this project
The construction is in progress likely to be completed ahead of schedule. |
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| BRIDGES |
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| Narmada Infrastructure Construction Enterprise
Limited (NICE) |
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| NICE is an SPV formed by L&T for design,
construction, maintenance and operation of the second Narmada bridge
at Zadeshwar on NH-8 in Gujarat. This project was undertaken on BOT
basis. The scope of the project included the construction of a 1.4km-long
bridge adjacent to the first bridge, along with 4.6km of approach
roads. Commercial service began in November 2000. The concession will
be for a period of 15 years, including the construction period. |
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| L&T Western India Toll Bridge Limited
(L&T-WIT) |
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| This SPV was formed by L&T to handle the
construction of the two-lane bridge across river Watrak on NH8, including
the approach roads near village Kheda in the Ahmedabad -Vadodara section
of NH8 on BOT basis. The scope of this project included the construction
of a 335m long bridge and around 9.2km of approach roads, and strengthening
of 10km of the existing road. The project was completed in March 2001,
well ahead of schedule. |
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| Second Vivekananda Bridge Tollway Company
Limited (SVBTC) |
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| Second Vivekananda Bridge Tollway Company Limited
(SVBTC) is an SPV formed by PASGIC and L&T for Finance, Design,
Build, Operate and Maintain the proposed 6.1 kms long six lane Bridge
across river Hoogly on NH - 2, near Kolkata in West Bengal on Build
- Operate - Transfer (BOT) basis. . The scope of the Project includes
the construction of 880m long 31.1m wide extradosed Cable stayed Bridge
and six lane approaches on both Howrah 3.67 kms-long, and Kolkata
1.56Kms-long with many ramps. The Concession will be for a period
of 30 years, which includes a 3 year construction period. |
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| AIRPORTS |
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| Bangalore International Airport Limited
(BIAL) |
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| BIAL is a JV company, in which Karnataka State
Industrial & Investment Development Corporation (KSIIDC) and Airports
Authority of India (AAI) will hold 26% of the equity. The balance
equity of 74% will be brought in by joint venture partners, viz. Siemens,
L&T and Unique (Zurich Airport) of Switzerland. |
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| The first phase of the project covers construction
of a 4000m runway, a terminal building and other infrastructure needed
to efficiently manage a modern airport. The airport will cater to
the expected traffic demand of 4.1 million passengers per year in
the first phase. The overall investment will be US$240 million (Rs.1240
crores). The construction works will commence shortly. |
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| IT PARKS |
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| L&T Infocity Limited |
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| L&T Infocity Limited (LTIL) is a JV of L&T
and Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC).
The company is developing HITEC City (Hyderabad Information Technology
Engineering Consultancy City), spread over an area of 158 acres in
a phased manner spanning 8-10 years. |
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| HITEC City is an integrated techno-township
which shall comprise office area, commercial space, hotel and convention
centre, club-house, petrol station with all infrastructural facilities
like substation, road network, parks, rock gardens, sewage disposal,
etc. HITEC City provides state-of-the-art facilities such as uninterrupted
power, high bandwidth data communication and voice communication networks
for software companies, engineering and consultancy firms. |
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| The first phase of the project, Cyber Towers,
with a built-up area of 5.8 lakh Sft has been fully occupied by over
40 companies, including global IT and commercial players like Microsoft,
Oracle, GE Capital, Hongkong & Shanghai Banking Corporation and
Keane (formerly Metamor). |
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| LTIL undertakes operation and maintenance of
all services in HITEC City. |
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| Phase II, Cyber Gateway, with a built-up area
of 8.81 lakh Sft. is being constructed in a modular fashion, along
with the development of essential infrastructure. Plots are also offered
for sale to corporates for building independent customised facilities. |
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| The major companies that occupied Phase II are
Microsoft, GE Capital, Oracle, Dell and ICICI Bank. |
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| LTIL has entered into a joint venture with ASCENDAS,
the Singapore-based business space solutions provider, to develop
an IT complex in the third phase of HITEC City. Known as ‘Cyber
Pearl’, the proposed project will offer five lakh Sft. of business
space. The construction is nearing completion. |
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| L&T Infocity Limited (LTIL) is the lead
partner with 52% stake in the SPV L&T Infocity Lanka Private Limited
(LTILPL) promoting the IT facility for HSBC in Colombo. LTIL has conceptualised
and grounded the project. LTIL is also rendering project management
services to LTILPL. |
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| LTIL is the principal consultant to DMRC for
their IT Park project at Shastri Park in New Delhi. Apart from undertaking
a feasibility study with financial analysis, LTIL is now rendering
the engineering & design consultancy (along with EDRC), marketing
and O&M consultancy. |
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| Cyber Park |
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| “Cyber Park” is the state of the
art IT Park which is coming up in Electronics City, Bangalore. A Special
Purpose vehicle by name Cyber Park Development & Construction
Limited has been formed to jointly develop the project with Software
Technology Parks of India ( STPI ). Built over an area of 4.46 acres,
Cyber Park when completed, will offer a super built-up area of 45,539
sq.m with floor plate of approximately 3,438 sq.m. |
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| This phase wise development is conceptualised
as two identical blocks varying in height (Block 1 - G+ 6 floors and
Block 2 - G+ 4 floors) and placed opposite to each other. There is
ample provision for parking 595 cars in the 2 level basement , apart
from the open car park area which could accommodate 40 cars. |
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| Infrastructure facilities include quality power
with DG back-up, exclusive 11 kV feeder with redundancy, 8 no:s passenger
elevators and 2 no:s service lifts, OFC backbone to each floor and
centralised fire protection system with smoke detectors and spinklers.
Amenities consist of a Gynasium, health club, business centre, fully
equipped 200 seat auditorium and an open-air amphitheatre. Phase I
of the project is scheduled to be completed by June 2004. |
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| TRADE & EXHIBITION CENTRES |
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| Hyderabad International Trade Expositions
Limited (HITEX) |
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| HITEX is promoted by L&T Infocity Limited
(LTIL), National Academy of Construction (NAC), Hyderabad Urban Development
Authority (HUDA), Andhra Pradesh Tourism Development Corporation (APTDC)
and Municipal Corporation of Hyderabad (MCH). This entire modern air-cooled
trade exposition centre shall be developed on a 100-acre plot at Cyberabad
in a phased manner. The first phase of the project was inaugurated
in January 2003. |
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| Designed to maximise functionality and flexibility,
HITEX will have eight air cooled halls of 3500 Sqm each of indoor,
column-free exhibition space at the ground level, with restaurant/meeting
rooms at the mezzanine floor. It will offer an open exhibition space
(32,825 Sqm) and two large conference halls and eight small conference
rooms of a total area of 4553 Sqm. A convention centre with 4000 seat
capacity and 200 room hotel are also planned in this complex. |
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| WATER SUPPLY PROJECTS |
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| Vizag Industrial Water Supply Company Limited
(VIWSCO) |
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| The project involves augmentation of water supply
to Yeluru Left Bank Canal (YLBC) for which a pipeline from river Godavari
at Rajahmundhry is made with regular maintenance along with phased
rehabilitation of the YLBC. The Govt. of Andhra Pradesh embarked upon
this project on privatization route to spur the entire Industrial
development of Visakhapatnam. L&T is the EPC contractor for the
Godavari pipe line and canal rehabilitaion works and will be a part
of the concessionaire. The pipeline works from Rajahmundry to YLBC
56 kms. is nearing completion. The Operation & maintenance of
the pipeline and canal will be taken up on completion of construction
. The concession period for the project is 32 years. |
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