Adani gives orders for 15 FGD retrofits to coal-based units
Hyderabad-based Power Mech Projects Limited (PMPL) has bagged a record order for 5 Flue Gas Desulphurization (FGD) Engineering, Procurement and Construction (EPC) projects to be implemented over the course of next 30 months projects.
These 5 projects would be implemented at Adani Group’s coal-based power plants in Mundra, Tiroda, Kawai and Udupi where PMPL has already established its presence, PMPL said on 18 Aug 2022.
The orders are part of a quantum of 15 FGD retrofits to coal-based units, whose sizes ranging between 330 MW and 660 MW, said the construction and services company with spectrum of portfolios with an aggregating value of Rs.6,163.20 crore.
Adani Group is considered highly valued customer to PMPL with an association of over 15 years; rendering services for the group in multiple portfolios including Power, Infra, Pipelines, Material Handling.
These FGD units will effectively curb sulphur-dioxide emissions with 92% recoveries and will play a vital part in helping India’s ambitious goal of reducing emission-intensity as announced at the United Nations Climate Change Conference, COP26.
Post commissioning of these projects, opportunities are envisaged for undertaking Operation & Maintenance (O&M) of the units, thus enhancing the space for service profile of the company and bringing in value addition, said PMPL which has tied up with well proven technology partners for professional support for service and supply in installing these FGDs.
PMPL already has the exposure of installing India’s First Operational FGD at Vindhyachal 500 MW unit as an associate to General Electric (India) Ltd in 2018.
Presently, PMPL is executing civil works for FGD units to BHEL for their various projects, aggregating 2,300 MW including at Bhusawal, North Chennai and Kahalgaon.
The major thrust on FGD EPC business is part of forward integration strategy supported by Power Mech’s core competence for over two decades in power plant installation with a generating capacity of over 67,000 MW and the O&M of power plants with over 68,000 MW of installed base in the country.
“PMPL’s strategic brilliance in foraying into FGD business is born out of its core strength and competence in power sector for over two decades touching every segment and forward integration of providing O&M services to power plants,” said Sajja Kishore Babu, Chairman and Managing Director of the company.
“After almost a decade of (2003 – 2013) growth burst of Power Sector activities and subsequent slowed-down growth decade, the installation of FGDs will trigger another spell of high-growth in the next couple of years.”
PMPL derives immense pleasure in the participation and contribution in the environmental exercise in line with India’s commitment to global community to reduce emissions in a phased manner.
Emission control in coal-based power plants is one of the major thrusts to cope with the emission norms as part of global commitments by India. As per CEA guidelines, as much as 169 GW of coal-based plants have to be made comply with emission norms for Sulphur reductions by 2024.
These major orders will invariably strengthen the already robust order-book and enable the company to further diversify its scope, in line with its strategy to balance optimum mix between power and non-power segments.
“With the projected revenues flowing in from FGD system projects, we expect to enjoy sustainable fiscal margins in the future and also ensure augmenting O&M footprint in the near future,” said Babu.
Power Mech Projects Limited is one among the leading infrastructure-construction companies from India with global presence and highly credited in providing spectrum of services in power and infrastructure sectors. Established in 1999, the company has emphatically established a niche in power generation covering almost every segment including Erection, Testing and Commissioning of BTG and BOPs, Operation and Maintenance (O&M), Repairs, Overhauling, Renovation and Modernization of power plants and related civil works. fiinews.com
