Heavy Engineering Corporation (HEC), which is based in Ranchi, is all set to bag the work order for a coal handling plant (CHP) at Magadh opencast project of Central Coalfields Ltd (CCL), that is also headquartered in the Jharkhand capital.
HEC was found to be the lowest bidder at Rs 527.11 crore when the price bids for the plant were opened on Thursday.
HEC director (marketing and production), Rana S. Chakravarty, said the plant would be of 20 MTPA (million tonne per annum) capacity.
Chakravarty said his company would be involved in the Magadh plant’s “planning, design, engineering, construction, fabrication, erection, trial run and commissioning, besides its maintenance for five years”.
“Magadh CHP of the CCL will actually be the third such order for the HEC in the current financial year (2020-21) and that’s certainly encouraging during this pandemic situation,” Chakravarty told The Telegraph. Earlier in 2020-21, HEC had bagged two more orders for construction of coal handling plants, he said.
The first order was for a plant of Northern Coalfields Limited (NCL) at Rs 167.45 crore, while the second one was for a plant of South Eastern Coalfields Limited at Rs 615 crore, Chakravarty added.
HEC is currently executing another coal handling plant of NCL and also the Meghahataburu project for installation of a crushing system (of Steel Authority of India Limited’s material handling division) and both are nearly complete, the official said.
HEC has already executed coal and ore handling plants of upto 10 MTPA capacity for different subsidiaries of Coal India and SAIL, Chakravarty said.
He claimed that HEC had been working in the mineral beneficiation sector for the past several years and is known for its competence for undertaking commissioning of bulk material handling plants for coal and ore on turnkey basis.
Asked about the company’s order book position, Chakravarty said, “As on date, HEC has orders in hand worth over Rs 1,800 crore. It will go up further by 527.11 crore once the work order for the CCL coal handling plant is received.”
