Infrastructure major Reliance Infrastructure Limited (RInfra) has won two contracts for setting up an integrated LNG terminal and a power project in Bangladesh, both valued at INR50bn ($775m).
The engineering, procurement and construction (EPC) projects were won on International Competitive Bidding (ICB), the company stated in a release.
The first contract includes setting up the entire infrastructure for a 750MW LNG-based combined cycle power plant at Meghnaghat in Dhaka.
The second project involves setting up a 500MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia Island.
Both contracts, which are to be completed by 2019, will involve design, engineering, supply, transportation, erection, testing and commissioning.
The integrated LNG terminal project includes construction of a jetty and onshore and offshore gas pipelines.
RInfra EPC chief executive officer Arun Gupta said: “Our thrust on engineering, procurement and construction has ensured the successful execution of all the EPC projects we have won.
“This power project win comes after winning an EPC order for INR3,675cr from NLC India Limited for setting up two lignite-based CFBC thermal power projects of capacity 250MW each.”
The EPC division of RInfra has also been shortlisted for projects such as the Bandra-Versova Sea Link, Mumbai Coastal Road, and the Mumbai-Nagpur Expressway.
Reliance EPC is part of Anil Ambani-led Reliance Infrastructure, which has business interests spanning roads and highways, railways and metros, water and marine and renewable, mega civil projects, and power projects.
The company has a project portfolio of 1,000km of roads, 140MW of solar power, 9,000MW of thermal power and 4,000km of transmission lines.
The single-point solution offered by the EPC division for execution of projects from ‘Concept to Commissioning’ includes project development, project engineering, procurement, construction and commissioning for clients.
The EPC division executes complex mega infrastructure projects across diverse sectors and geographies.