Update (August 2010)

1. EPI has secured cumulative orders worth Rs.897.00 crores during the period of April- July, 2010 of current financial year 2010-11, which shows a growth of 158% over the corresponding period of last financial year.

The major projects secured recently are as under: -

1. Construction of various types of Residential/Non-Residential accommodations for Assam Rifles in the States of Tripura, Arunachal Pradesh and Delhi for a total value of Rs. 53.16 crores.




2. Augmentation of Water Supply Scheme at Yanam Region from the Reservoir of Sir Arthur Cotton Barrage at Dowlaisawarm , Andhra Pradesh valuing Rs. 46.29 crores.




3. Construction of buildings for M/s Bharat Dynamics Ltd at Gajuwaka, Visakhapatnam (AP) valuing Rs. 21.08 crores.

2. EPI has achieved a cumulative Turnover of Rs. 297.00 crores during the period April - July, 2010 of current financial year 2010-11, which shows a growth of around 20% over the corresponding period of last financial year.

Update (April 2010)

EPI has secured following projects total valuing Rs. 775.27 crores during the month of April, 2010 :

1. Augmentation of Raw Material Receipt & Handling Facilities with New Ore Handling Plant, Part-B (Pkg No.061) of Bhilai Steel Plant, Bhilai valuing Rs. 550.82 crores.




2. PMC for proposed extension of Laboratory Building & New Animal House at IICB, Jadavpur Campus, Kolkata from Indian Institute of Chemical Biology (IICB), Kolkata, valuing Rs.75.00 crores.




3. PMC for Construction of Cyclone Shelters in West Bengal from National Disaster Management Authority (NDMA), valuing Rs.145.00 crores.




4. Construction of Dormitory for Boys & Girls, various types of Staff Quarters including Development Works for Phase-B at Bongaigaon, Assam for Navodaya Vidyalaya Samiti, valuing Rs. 4.45 crores.

 

EPI has achieved a Turnover of Rs.75.12 crores during the month of April 2010, which shows a growth of around 24% over the corresponding period of last financial year.

Update (March 2010)

EPI has achieved a turnover of Rs.1052.42 crores (unaudited) during the fiscal year 2009-10 which shows a growth of around 10% over the last financial year.

EPI has secured projects worth Rs. 2144.78 crores during the fiscal year 2009-10. With the high order book position, EPI is now placed on accelerated growth path.

With the consistent and dedicated efforts put in by EPI’s employees and by following prudent management practices, EPI achieved per employee productivity of Rs 2.42 crores for the year 2009-10 which is one of the best in the Indian Engineering & Construction Industry and highest among all Construction PSUs.

EPI’s performance has been rated “Excellent” under the MoU signed with the Government for the year 2008-09. Based on unaudited data, EPI’s performance for the year 2009-10 is also expected to qualify for Excellent rating.

EPI has signed the 15th MoU for the year 2010-11 with the Government. The targets are substantially higher than those in the MoU for the year 2009-10.

During the fiscal year, EPI has been conferred with the following awards:

1. 2nd CIDC Vishwakarma Awards by Construction Industry Development Council (CIDC) for " Best Professionally Managed Company."




2. "Excellent Award" by Institute of Economic Studies (IES) at Bangkok, Thailand.




3. "Amity Corporate Excellence Award" for "Execution of Multidisciplinary Projects" by Amity University.

Update (December 2009)

EPI has recently secured the following projects:-

1.Construction of various types of Quarters for Assam Rifles in Mizoram, Meghalaya and Assam, for a total value of Rs.54.06 crores.

2.Design, Construction & Commissioning of Water Treatment Plant (100 MLD) including O & M for Kerala Water Authority, Kochi, valuing Rs. 49.46 crores.

With this, the cumulative Order Booking achieved by EPI during the period (April – December 2009) of the current financial year 2009- 10 comes to Rs. 2062.42 crores against the target of Rs. 855.00 crores.

Update (November 2009)

1. EPI secured orders worth Rs.250.65 crores during the month of October 2009. The details are given below:

a) Construction of Border Outposts(BOPs) for Border Security Force (BSF) along the Indo-Bangladesh Border in Mizoram & Tripura for a value of Rs. 75.65 crores

b) Construction of Flood Lighting along Indo-Bangladesh Border in the State of Mizoram for a value of Rs. 150.00 crores.

c) Development of Regional Centre of Indira Gandhi National Open University (IGNOU) in Bangalore for a value of Rs. 25.00 crores.

“The cumulative order booking achieved during the first seven months (April-October 2009) of the current financial year 2009-10 comes to Rs. 1958.40 crores against the target of Rs. 655.00 crores and shows a growth of nearly 84% over the corresponding period of last financial year.

2. EPI paid final dividend of Rs. 3.54 crores to the Government of India for the year 2008-09. The cheque was presented to Shri Vilasrao Deshmukh, Hon’ble Minister for Heavy Industries & Public Enterprises by Shri S.P.S Bakshi, Chairman-cum-Managing Director, Engineering Projects (India) Limited on 29th October 2009. Dr.Satyanaraya Dash, Secretary (Heavy Industry), Shri Saurabh Chandra, Addl. Secretary & Financial Advisor (Heavy Industry), Shri Rajiv Bansal, Joint Secretary (Heavy Industry) Shri R. Ashokan, Director (Heavy Industry), Shri A.K.Ratwani, Director (Projects) and Shri G.D.Moorjani, Director (Finance) of EPI and other senior officials of Ministry and EPI were present on the occasion. Prior to this in December 2008, EPI had paid interim dividend of Rs. 3.54 crores for the year 2008-09. The total dividend payout by EPI to the Government of India for the year 2008-09 is 20% of its paid up capital of Rs. 35.42 crores

3. The Environmental Protection Manual of EPI was formally released by the Hon’ble Minister of HI&PE, Shri Vilasrao Deshmukh on 29th October 2009. The above dignitaries from Ministry and EPI were also present on the occasion. The Manual has addressed the environmental concerns in a structured manner. Hon’ble Minister stressed upon the importance of Environmental Protection during the course of our activities and praised EPI for bringing out the first Environmental Protection Manual in the Public Sector. Some aspects covered in the Manual are as follows:

• Issues related to environment

• Rules and Procedures for obtaining Environmental clearance

• Environmental Management Plans

• Environmental Management actions to taken by EPI

• Green Building practices

• Efficient use of energy, water and other resources

• Reduce waste, pollution and environmental degradation

• Rainwater harvesting

• Tree plantation

• Care during construction

• Practices to be observed at EPI establishment

• Compliance Reporting and Monitoring

Update (October 2009)

1. EPI has secured an order worth Rs. 42.71 crores for Construction of Township Residential Building Package for Bhilai Expansion Power Project (2 x 250 MW) at Bhilai for NTPC-SAIL Power Pvt. Ltd. The cumulative Order Booking achieved during the first six months ( April – September, 2009) of the current financial year 2009 - 10 comes to Rs. 1707.75 crores against the target of Rs. 555.00 crores and shows a growth of nearly 80% over the corresponding period of last financial year.

2. AGM of the Company held on 29.09.2009, it has been decided to pay final dividend of 10% (Ten percent) on paid up capital in addition to the interim dividend of 10% (Ten percent) already paid in December, 2008. Thus the total dividend for the year 2008-09 is 20% (Twenty percent) on the paid up capital of the Company.

3. EPI has prepared Environment Protection Manual. Through this manual EPI shares the concerns of the Government of India that all its Departments and the Public Enterprises should take steps so as to prevent further degradation of environment. EPI has taken the initiatives and bought out the Manual on Environment Protection, that will help in spreading the message of environment protection and implementation of practices towards bringing about a clean and healthy environment. The Environment Protection Manual will be rewarding for all of us in the construction industry as it seeks to inculcate a scientific temper on the environmental issues encountered during project execution. It is a small step towards the larger goal, i.e. preserving a clean and healthy environment for the generations to come.

Update (September 2009)

EPI has secured mega projects of Construction of Medical College & Hospital at Baltikuri, Kolkata valuing Rs. 7617.00 million and at Joka, Kolkata valuing Rs.5145.80 million. These are single largest value projects secured by EPI so far in India. During the month of August, 2009, EPI secured orders worth Rs. 13174.30 million. The cumulative Order Booking achieved during the first five months ( April – August, 2009) of the current financial year 2009 - 10 comes to Rs. 16650.40 million against the target of Rs. 4550.00 million and shows a growth of more than 83% over the corresponding period of last financial year.

Engineering Projects (India) Ltd. (EPI) in association with CIDC, organized a 3-day Workshop on Project Management and Contracts Management for senior level engineers from the North Eastern States during the period 17th to 19th August, 2009 at Vigyan Bhavan Annexe, New Delhi. The Workshop was sponsored by the Ministry of Development of North Eastern Region (M/DoNER) and inaugurated by Shri Jarnail Singh, Secretary, Ministry of Development of North Eastern Region (DoNER).

North Eastern Region requires infrastructure development at a fast pace. It was in this context that this unique Workshop was organized exclusively for participants from the North Eastern Region. The Workshop was designed to equip the engineers from the North Eastern States with skills on Project Management and Contracts Management so that they could handle the execution of various projects and all related issues independently and bring about accelerated development in their States. Senior level engineers of various Government Departments of the States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura participated in the workshop.

The programme on Project Management and Contracts Management has been highly appreciated. As a feedback, we have received a number of appreciation letters. Some of the comments received are as under:

1. Shri Jarnail Singh, Secretary, Ministry of Development of North East Region.

   “ I am pleased that EPI Ltd. accepted the challenging task and successfully organized, in such a short time, a 3-day Workshop on Project and Contracts Management for senior level engineers from the North Eastern States from 17th to 19th August, 2009, in Vigyan Bhavan Annexe.  …….. ……  …….I have got excellent feedback from the States about this workshop.”

2. Shri Shashi Prakash, Addl.Secretary, Inter-State Council

   “ By organizing such a programme, Engineering Projects (India) Ltd. has shown that it is socially aware and awake to the needs of the North East, where it is executing a number of projects.  I convey my sincere appreciation for successfully organizing the programme”.

3. Shri Ranjan Chatterjee, Chief Secretary, Meghalaya

   “ I hope you will take initiative to organize more such programmes so that our engineers in North East acquire more skills and knowledge to bring about accelerated development of infrastructure in the Region”.

4. Smt.Jayashree Mukherjee, JS, M/DoNER

   “ The workshop has gone a long way to equip them (the engineers from the North East) with the skills necessary for smooth execution of projects in the North Eastern Region”.

5. Smt.P Varma, Consultant, CVC (Ex-Chief Technical Examiner, CVC)

   “ I must compliment you on organizing such an excellent Workshop, which was timely and covered the topics which were relevant and fulfilled the needs of the participants”.