Leighton Welspun (LWIN) awarded Rs. 400 Crores contract for Angul Integrated Steel Project from Jindal Steel & Power Limited ("JSPL")
Mumbai, 10th April, 2012: Leighton Welspun Contractors Pvt Ltd ("LWIN") has been awarded a contract for civil and concrete works at the Angul Integrated Steel Project from Jindal Steel & Power Limited ("JSPL"). The Integrated Steel Plant has a design capacity of 12.5MTPA steel and power generation of 2,600MW. The project is currently under construction and will be developed in several phases.
A broad outline of each phase is as follows;
Work on the project is scheduled to start immediately. LWIN will initially focus on the timely completion of several critical civil structures including;
1) Raw Material Handling System (RMHS) Works
2) Plate Mill Works
These initial works are valued at 28 crores. The total committed works under the award is expected to reach 400 crore over the next 24 months.
This is a very pleasing win for LWIN, and ties in well with resource availability. The project offers an excellent opportunity to showcase the value LWIN can bring to a major industrial project through its commitment and capability in the areas of planning, quality, safety, and timely delivery. Mr Russell Waugh – Managing Director (LWIN) said "The company's eputation has been built on the basis of our ability to successfully deliver complex projects on time and to exacting standards. The award of this project by Jindal Steel & Power Limited (JSPL) is especially pleasing as it reflects a strong confidence in our capabilities by a reputed multinational organisation. We are also very pleased to be securing such an iconic project in the Power sector and look forward to delivering further projects with JSPL in this vital area for the future".
About Leighton Welspun Contractors Pvt Ltd.
Leighton Holdings, Australia's largest construction contracting and project development company, first established a presence in India through its subsidiary Leighton Contractors India Pvt Ltd in1998. The Indian subsidiary grew substantially in the 2000's and in 2011, Welspun acquire a 35% stake to from Leighton Welspun Contractors Pvt. Ltd (LWIN). LWIN is one of India's most respected international contractors, operating across a diverse range of sectors including Oil & Gas, Buildings, and Infrastructure & Mining. The Company has offices in Mumbai, Delhi and Chennai, and a team of over 1000 staff, as well as more than 2,500 strong direct work forces. The Company operates its own skilled labour training facilities in Gurgaon, in support of our assurances to customers on the quality, safety, and on time performance for which the Company has become renowned.
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