Kolkata, 20th August 2024: BTL EPC Ltd, announces about securing of new contracts worth Rs 413 (+) Cr (Inclusive of GST) & strengthening its position as a leading player in India’s EPC sector. The recent projects include a significant Rs 267 Crore (Inclusive of GST) contract from BHEL for NTPC (2 X 800 MW) Lara TPS Stage-II, Rs 96 Crore contract for the By-Product plant at SAIL-Bhilai and over Rs 50 Crores (Inclusive of GST) for underground Mining conveyor supply.
The Rs 267 Crore project with BHEL involves providing turnkey solutions for conveyor systems with capacity of 2640 MTPH and electromechanical equipment essential for coal, limestone, gypsum and biomass handling at Stage-II (2 X 800 MW) NTPC Lara Thermal Power Station (TPS) at Pussore, Raigarh, Chhattisgarh. This project enhances BTL EPC’s role in supporting India’s critical energy infrastructure.
Additionally, BTL EPC has been awarded a Rs 96 Crore contract for SAIL-Bhilai’s By-Product Plant. This project focuses on the replacement of equipment for COB #7 & #8 with an expected completion timeline of 18 months. The company also continues to make strides in the underground conveyor market with projects totaling over Rs. 50 Crore for various public and private sector mines.
The company concluded the last fiscal (FY 23-24) with a topline of Rs 641(+) Crore, reflecting a robust 24 % growth as compared to previous FY. BTL EPC is now poised to achieve a milestone turnover of ₹1000 Crores in the current FY 2024-25.
Mr Ravi Todi, Managing Director, BTL EPC Ltd., said, "Securing these high-value contracts underscores BTL EPC’s commitment to delivering quality and innovative engineering solutions. Our strong performance and strategic project wins are paving the way for our ambitious target of Rs 1000 Crores turnover this fiscal. The company’s growth strategy emphasises securing high-value projects, stringent cost control measures and fostering stronger relationships with its clientele."
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