Indu bags Rs 505cr order from Tata Projects

Hyderabad-based infrastructure and real estate developer, Indu Projects Limited, has bagged a Rs 505-crore contract from Tata Projects Limited to carry out civil and structural work on the 2X500 Mw thermal power station plant in Bhusawal, Maharashtra.

"We have been sub-contracted by Tata Projects Limited for balance of plant work in connection with the expansion of the 2x500 Mw Bhusawal thermal power station, which is a project of Maharashtra's power generation company Mahagenco. We are engaged in the civil and structural construction works, excluding those relating to chimney, cooling towers and the ash and coal system," I Syam Prasad Reddy, managing director and CEO, Indu Projects, said.

The company commenced work on the plant in December 2007. The first unit of the project is expected to be completed in June 2010 and the second unit in October 2010.