brahmaputra infrastructure ltd Management discussions


Annexure - H

Indian Economy Overview

Introduction

India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships.

Market Size

Indias nominal gross domestic product (GDP) at current prices is estimated to be at Rs. 232.15 trillion (US$ 3.12 trillion) in FY22. With more than 100 unicorns valued at US$ 332.7 billion, India has the third-largest unicorn base in the world.

The government is also focusing on renewable sources to generate energy and is planning to achieve 40% of its energy from non-fossil sources by 2030.

The net employment rate needs to grow by 1.5% per annum from 2023 to 2030 to achieve 8-8.5% GDP growth between 2023 and 2030. Indias current account deficit (CAD), primarily driven by an increase in the trade deficit, stood at 2.1% of GDP in the first quarter of FY 2022-23.

According to Mr. Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Indian exports are expected to reach US$ 1 trillion by 2030.

Investment/ Developments

India is primarily a domestic demand-driven economy, with consumption and investments contributing to 70% of the economic activity. With an improvement in the economic scenario and the Indian economy recovering from the Covid-19 pandemic shock, several investments and developments have been made across various sectors of the economy. Some of the developments that have taken place are as follow.

In September 2022, the gross Goods and Services Tax (GST) revenue collection stood at Rs. 147,686 crore (US$ 17.92 billion).

In August 2022, the overall IIP (Index of Industrial Production) stood at 131.3. The Indices of Industrial Production for the mining, manufacturing and electricity sectors stood at 99.6, 131.0 and 191.3, respectively, in August 2022.

According to data released by the Ministry of Statistics & Programme Implementation (MOSPI), Indias Consumer Price Index (CPI) based retail inflation reached 7.41% in September 2022.

In FY 2022-23, (until October 28, 2022), Foreign Portfolio Investment (FPI) outflows stood at Rs. 58,762 crore (US$ 7.13 billion).

Government Initiatives

Over recent decades, Indias rapid economic growth has led to a substantial increase in its demand for exports. Besides this, a number of the governments flagship programmes, including Make in India, Start-up India, Digital India, the Smart City Mission, and the Atal Mission for Rejuvenation and Urban Transformation, are aimed at creating immense opportunities in India.

In this regard, some of the initiatives taken by the government to improve the economic condition of the country are mentioned below:

In August 2022, a Special Food Processing Fund of Rs. 2,000 crore (US$ 242.72 million) was set up with National Bank for Agriculture and Rural Development (NABARD) to provide affordable credit for investments in setting up Mega Food Parks (MFP) as well as processing units in the MFPs.

In July 2022, Deendayal Port Authority (DPA) announced plans to develop two Mega Cargo Handling Terminals on a Build-Operate-Transfer (BOT) basis under Public-Private Partnership (PPP) Mode at an estimated cost of Rs. 5,963 crore (US$ 747.64 million).

In July 2022, the Reserve Bank of India (RBI) approved international trade settlements in Indian rupees (INR) in order to promote the growth of global trade with emphasis on exports from India and to support the increasing interest of the global trading community.

In June 2022, Prime Minister Mr. Narendra Modi inaugurated and laid the foundation stone of development projects worth Rs. 21,000 crore (US$ 2.63 billion) at Gujarat Gaurav Abhiyan at Vadodara.

Mr. Rajnath Singh, Minister of Defence, launched 75 newly-developed Artificial Intelligence (AI) products/technologies during the first-ever ‘AI in Defence (AIDef) symposium and exhibition organized by the Ministry of Defence in New Delhi on 11 July 2022.

The Indian Institute of Spices Research (IISR) under the Indian Council for Agricultural Research (ICAR) inked a Memorandum of Understanding (MoU) with Lysterra LLC, a Russia-based company for the commercialization of biocapsule, an encapsulation technology for bio-fertilization on 30 June, 2022.

As of April 2022, India signed 13 Free Trade Agreements (FTAs) with its trading partners including major trade agreements like the India-UAE Comprehensive Partnership Agreement (CEPA) and the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA).

The Union Budget of 2022-23 was presented on February 1, 2022, by the Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman. The budget had four priorities PM GatiShakti, Inclusive Development, Productivity Enhancement and Investment, and Financing of Investments. In the Union Budget 2022-23, effective capital expenditure is expected to increase by 27% at Rs. 10.68 lakh crore (US$ 142.93 billion) to boost the economy. This will be 4.1% of the total Gross Domestic Production (GDP).

In the Union Budget of 2022-23, the government announced funding for the production linked incentive (PLI) scheme for domestic solar cells and module manufacturing of Rs. 24,000 crore (US$ 3.21 billion).

In the Union Budget of 2022-23, the government announced a production linked incentive (PLI) scheme for Bulk Drugs which was an investment of Rs. 2500 crore (US$ 334.60 million).

In the Union Budget of 2022-23, the government has allocated Rs. 44,720 crore (US$ 5.98 billion) to Bharat Sanchar Nigam Limited (BSNL) for capital investments in the 4G spectrum.

Minister for Finance & Corporate Affairs Ms. Nirmala Sitharaman allocated Rs. 650 crore (US$ 86.69 million) for the Deep Ocean mission that seeks to explore vast marine living and non-living resources. Department of Space (DoS) has got Rs. 13,700 crore (US$ 1.83 billion) in 2022-23 for several key space missions like Gaganyaan, Chandrayaan-3, and Aditya L-1 (sun).

In the Union Budget of 2022-23, Railway got an investment of Rs. 2.38 lakh crore (US$ 31.88 billion) and over 400 new high-speed trains were announced. The concept of "One Station, One Product" was also introduced.

National Bank for Financing Infrastructure and Development (NABFID) is a bank that will provide non-recourse infrastructure financing and is expected to support projects from the first quarter of FY2022-23; it is expected to raise Rs. 4 lakh crore (US$ 53.58 billion) in the next three years.

India is expected to attract investment of around US$ 100 billion in developing the oil and gas infrastructure during 2019-23.

The Government of India is expected to increase public health spending to 2.5% of the GDP by 2025.

Road Ahead

In the second quarter of FY 2022-23, the growth momentum of the first quarter was sustained, and high-frequency indicators (HFIs) performed well in July and August of 2022.India ranked fifth in foreign direct investment inflows among the developed and developing nations listed for the first quarter of 2022.

Indias economic story during the first half of the current financial year highlighted the unwavering support the government gave to its capital expenditure, which, in FY 2022 23 (until August 2022), stood 46.8% higher than the same period last year.

The ratio of revenue expenditure to capital outlay decreased from 6.4 in the previous year to 4.5 in the current year, signaling a clear change in favour of higher-quality spending.Despite the continued global slowdown, Indias exports climbed at the second highest rate this quarter.

With a reduction in port congestion, supply networks are being restored. The CPI-C and WPI inflation reduction from April 2022 already reflects the impact. In August 2022, CPI-C inflation was 7.0%, down from 7.8% in April 2022.

Similarly, WPI inflation has decreased from 15.4% in April 2022 to 12.4% in August 2022. With a proactive set of administrative actions by the government, flexible monetary policy, and a softening of global commodity prices and supply-chain bottlenecks, inflationary pressures in India look to be on the decline overall.

GDP GROWTH IN 2022-23

The Indian economy grew by 7.2 per cent in the financial year ended March 2023, which is 20 basis points higher than governments estimate, but sharply lower when compared to 9.1 percent growth registered in 2021-22.

Indias real GDP or GDP at constant (2011-12) prices in the year 2022-23 is estimated to attain a level of Rs 160.06 lakh crore, as against the first revised estimates of GDP for the year 2021-22 of Rs 149.26 lakh crore, as per data released by the National Statistical Office (NSO).

Nominal GDP or GDP at current prices in the year 2022-23 is estimated at Rs 272.41 lakh crore, as against Rs 234.71 lakh crore recorded in the previous year, showing a growth of 16.1percent.

In the January-March 2023 quarter, the GDP at constant (2011-12) prices rose to Rs 43.62 lakh crore, which is 6.1 per cent higher when compared with Rs 41.12 lakh crore recorded in the corresponding period of the previous year.

The economic expansion in the January-March quarter is sharply higher than 4.4 per cent growth recorded in the third quarter of 2022-23. The GDP growth stood at 6.3 per cent in Q2 and 13.2 per cent in Q1 of the financial year 2022-23.

In the fourth quarter of 2022-23, the biggest surprise was the sharp pick up in manufacturing activities. Manufacturing output rose by 4.5 per cent in the January-March period as against 1.1 percent contraction recorded in the previous quarter.

Indian Economy in FY 2022-23:

Ms. Nirmala Sitharaman, Union Minister for Finance presented the Economic Survey 2022-23 in the Union Parliament on January 31, 2023. The key highlights of the Economic Survey 2022-23 are as follows:

State of the Economy:

Indias GDP growth is expected to remain robust in FY24. GDP forecast for FY24 to be in the range of 6-6.8%.

Private consumption in H1 is the highest since FY15 and this has led to a boost to production activity resulting in enhanced capacity utilisation across sectors.

The Capital Expenditure of the Central Government and crowding in the private Capex led by strengthening the balance sheets of the Corporates is one of the growth drivers of the Indian economy in the current year.

The credit growth to the MSME sector was over 30.6% on average during Jan-Nov 2022.

Retail inflation is back within RBIs target range in November 2022.

Indian Rupee performed well compared to other Emerging Market Economies in Apr-Dec 2022.

Direct Tax collections for the period April-November 2022 remain buoyant.

Enhanced Employment generation seen in the declining urban unemployment rate and in the faster net registration in Employee Provident Fund.

Economic growth to be boosted by the expansion of public digital platforms and measures to boost manufacturing output.

Fiscal Developments:

The Gross Tax Revenue registered a YoY growth of 15.5% from April to November 2022, driven by robust growth in the direct taxes and Goods and Services Tax (GST).

Growth in direct taxes during the first eight months of the year was much higher than their corresponding longer-term averages.

GST has stabilised as a vital revenue source for central and state governments, with the gross GST collections increasing at 24.8% on YoY basis from April to December 2022.

Union Governments emphasis on capital expenditure (Capex) has continued despite higher revenue expenditure requirements during the year. The Centres Capex has steadily increased from a long-term average of 1.7% of GDP (FY09 to FY20) to 2.5% of GDP in FY22 PA.

With an emphasis on infrastructure-intensive sectors like roads and highways, railways, and housing and urban affairs, the increase in Capex has large-scale positive implications for medium-term growth.

External Sectors:

Merchandise exports were US$ 332.8 billion for April-December 2022.

To increase its market size and ensure better penetration, in 2022, CEPA with UAE and ECTA with Australia come into force.

India is the largest recipient of remittances in the world receiving US$ 100 billion in 2022. Remittances are the second largest major source of external financing after service export.

As of December 2022, Forex Reserves stood at US$ 563 billion covering 9.3 months of imports.

As of end-November 2022, India is the sixth largest foreign exchange reserves holder in the world.

Monetary Management and Financial Intermediation:

The RBI initiated its monetary tightening cycle in April 2022 and has since raised the repo rate by 225 bps, leading to moderation of surplus liquidity conditions.

Cleaner balance sheets led to enhanced lending by financial institutions.

The growth in credit off take is expected to sustain, and combined with a pick-up in private capex, will usher in a virtuous investment cycle.

Non-food credit offtake by scheduled Commercial Banks (SCBs) has been growing in double digits since April 2022.

Credit disbursed by Non-Banking Financial Companies (NBFCs) has also been on the rise.

The Gross Non-Performing Assets (GNPA) ratio of SCBs has fallen to a seven-year low of 5.0.

The Capital-to-Risk Weighted Assets Ratio (CRAR) remains healthy at 16.0.

The recovery rate for the SCBs through Insolvency and Bankruptcy (IBC) was highest in FY22 compared to other channels.

Prices and Inflation:

The average headline CPI-Combined inflation moderated to 5.2 per cent in 2021-22 (April-December) from 6.6 per cent in the corresponding period of 2020-21.

The decline in retail inflation was led by easing of food inflation.

Food inflation averaged at a low of 2.9 per cent in 2021-22 (April to December) as against 9.1 per cent in the corresponding period last year.

Effective supply-side management kept prices of most essential commodities under control during the year.

Proactive measures were taken to contain the price rise in pulses and edible oils.

Reduction in central excise and subsequent cuts in Value Added Tax by most States helped ease petrol and diesel prices.

Wholesale inflation based on Wholesale Price Index (WPI) rose to 12.5 per cent during 2021-22 (April to December).

This has been attributed to:

Low base in the previous year,

Pick-up in economic activity,

Sharp increase in international prices of crude oil and other imported inputs, and

High freight costs.

Divergence between CPI-C and WPI Inflation:

The divergence peaked to 9.6 percentage points in May 2020.

However, this year there was a reversal in divergence with retail inflation falling below wholesale inflation by 8.0 percentage points in December 2021.

This divergence can be explained by factors such as:

Variations due to base effect,

Difference in scope and coverage of the two indices,

Price collections,

Items covered,

Difference in commodity weights, and

WPI being more sensitive to cost-push inflation led by imported inputs.

With the gradual waning of base effect in WPI, the divergence in CPI-C and WPI is also expected to narrow down.

Sustainable Development and Climate Change:

Indias overall score on the NITI Aayog SDG India Index and Dashboard improved to 66 in 2020-21 from 60 in

2019-20 and 57 in 2018-19.

Number of Front Runners (scoring 65-99) increased to 22 States and UTs in 2020-21 from 10 in 2019-20.

In North East India, 64 districts were Front Runners and 39 districts were Performers in the NITI Aayog North-

Eastern Region District SDG Index 2021-22.

India has the tenth largest forest area in the world.

In 2020, India ranked third globally in increasing its forest area during 2010 to 2020.

In 2020, the forests covered 24% of Indias total geographical, accounting for 2% of the worlds total forest area.

In August 2021, the Plastic Waste Management Amendment Rules, 2021, was notified which is aimed at phasing out single use plastic by 2022.

Draft regulation on Extended Producer Responsibility for plastic packaging was notified.

The Compliance status of Grossly Polluting Industries (GPIs) located in the Ganga main stem and its tributaries improved from 39% in 2017 to 81% in 2020.

The consequent reduction in effluent discharge has been from 349.13 millions of litres per day (MLD) in 2017 to 280.20 MLD in 2020.

The Prime Minister, as a part of the national statement delivered at the 26th Conference of Parties (COP 26) in

Glasgow in November 2021, announced ambitious targets to be achieved by 2030 to enable further reduction in emissions.

The need to start the one-word movement ‘LIFE (Lifestyle for Environment) urging mindful and deliberate utilization instead of mindless and destructive consumption was underlined.

Agriculture and Food Management:

While the year 2022 witnessed a return of high inflation in the advanced world after three to four decades, India caps the rise in prices.

While Indias retail inflation rate peaked at 7.8% in April 2022, above the RBIs upper tolerance limit of 6%, the overshoot of inflation above the upper end of the target range in India was however one of the lowest in the world.

The government adopted a multi-pronged approach to tame the increase in price levels.

Phase-wise reduction in the export duty of petrol and diesel.

Import duty on major inputs were brought to zero while tax on export of iron ores and concentrates increased from 30% to 50%.

Waived customs duty on cotton imports w.e.f. 14 April 2022, until 30 September 2022.

Prohibition on the export of wheat products under HS Code 1101 and imposition of export duty on rice.

The RBIs anchoring of inflationary expectations through forward guidance and responsive monetary policy has helped guide the trajectory of inflation in the country.

The one-year-ahead inflationary expectations by both businesses and households have moderated in the current financial year.

Timely policy intervention by the government in housing sector, coupled with low home loan interest rates propped up demand and attracted buyers more readily in the affordable segment in FY23.

An overall increase in composite Housing Price Indices (HPI) assessment and Housing Price Indices market prices indicates a revival in the housing finance sector. A stable to moderate increase in HPI also offers confidence to homeowners and home loan financiers in terms of the retained value of the asset.

Monetary Management and Financial Intermediation:

The RBI initiated its monetary tightening cycle in April 2022 and has since raised the repo rate by 225 bps, leading to moderation of surplus liquidity conditions.

Cleaner balance sheets led to enhanced lending by financial institutions.

The growth in credit offtake is expected to sustain, and combined with a pick-up in private capex, will usher in a virtuous investment cycle.

Non-food credit offtake by scheduled Commercial Banks (SCBs) has been growing in double digits since April 2022.

Credit disbursed by Non-Banking Financial Companies (NBFCs) has also been on the rise.

The Gross Non-Performing Assets (GNPA) ratio of SCBs has fallen to a seven-year low of 5.0.

The Capital-to-Risk Weighted Assets Ratio (CRAR) remains healthy at 16.0.

The recovery rate for the SCBs through Insolvency and Bankruptcy (IBC) was highest in FY22 compared to other channels.

Climate Change and Environment:

India declared the Net Zero Pledge to achieve net zero emissions goal by 2070.

India achieved its target of 40% installed electric capacity from non-fossil fuels ahead of 2030.

The likely installed capacity from non-fossil fuels to be more than 500 GW by 2030 resulting in decline of average emission rate by around 29% by 2029-30, compared to 2014-15.

India to reduce emissions intensity of its GDP by 45% by 2030 from 2005 levels.

About 50% cumulative electric power installed capacity to come from non-fossil fuel-based energy resources by 2030.

National Green Hydrogen Mission to enable India to be energy independent by 2047.

Solar power capacity installed, a key metric under the National Solar Mission stood at 61.6 GW as of October 2022.

India becoming a favored destination for renewables; investments in 7 years stand at US$ 78.1 billion.

62.8 lakh individual household toilets and 6.2 lakh community and public toilets constructed (August 2022) under the National Mission on Sustainable Habitat.

Agriculture and Food Management:

Private investment in agriculture increases to 9.3% in 2020-21.

MSP for all mandated crops fixed at 1.5 times of all India weighted average cost of production since 2018.

Institutional Credit to the Agricultural Sector continued to grow to Rs. 18.6 lakh crore (US$ 227 billion) in 2021-22.

Foodgrains production in India saw a sustained increase and stood at 315.7 million tonnes in 2021-22.

Free foodgrains to about 81.4 crore beneficiaries under the National Food Security Act for one year from January 1, 2023.

About 11.3 crore farmers were covered under the Scheme in its April-July 2022-23 payment cycle.

Rs. 13,681crore (US$ 1.67 billion) sanctioned for Post-Harvest Support and Community Farms under the Agriculture Infrastructure Fund.

Online, Competitive, Transparent Bidding System with 1.74 crore farmers and 2.39 lakh traders put in place under the National Agriculture Market (e-NAM) Scheme.

Services:

The services sector is expected to grow at 9.1% in FY23, as against 8.4% (YoY) in FY22.

Robust expansion in PMI services, indicative of service sector activity, observed since July 2022.

India was among the top ten services exporting countries in 2021, with its share in world commercial services exports increasing from 3% in 2015 to 4% in 2021.

Credit to services sector has grown by over 16% since July 2022.

US$ 7.1 billion FDI equity inflows in the services sector in FY22.

Contact-intensive services are set to reclaim pre-pandemic level growth rates in FY23.

Sustained growth in the real estate sector is taking housing sales to pre-pandemic levels, with a 50% rise between 2021 and 2022.

Hotel occupancy rate has improved from 30-32% in April 2021 to 68-70% in November 2022.

Indias e-commerce market is projected to grow at 18% annually through 2025.

Social Infrastructure and Employment:

Central and State Governments budgeted expenditure on health sector touched 2.1% of GDP in FY23 (BE) and 2.2% in FY22 (RE) against 1.6% in FY21.

Social sector expenditure increases to Rs. 21.3 lakh crore (US$ 260.3 billion) in FY23 (BE) from Rs. 9.1 lakh crore (US$ 111.2 billion) in FY16.

Aadhaar played a vital role in developing the Co-WIN platform and in the transparent administration of over 2 billion vaccine doses.

Labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, with unemployment rates falling from 5.8% in 2018-19 to 4.2% in 2020-21.

Due to several steps taken by the government on health, out-of-pocket expenditure as a percentage of total health expenditure declined from 64.2% in FY14 to 48.2% in FY19.

Nearly 22 crore beneficiaries have been verified under the Ayushman Bharat Scheme as on 04 January 2023.

Over 1.54 lakh Health and Wellness Centres have been operationalized across the country under Ayushman Bharat.

Our Companys Business overview

We are an Infrastructure company which provides EPC (Engineering, Procurement and Construction) services for Infrastructure Projects in India since 1998. We have the presence on PAN India basis and have a strong presence in Northern, Eastern and North-Eastern parts of India such as Delhi-NCR, Haryana, Punjab, Rajasthan, Uttar Pradesh, West Bengal, Bihar, Assam, Arunachal Pradesh and Mizoram etc. We are executing Infrastructure projects independently and in Joint Ventures.

Over the years, we have built a strong organization base on PAN India basis and have executed and are executing praiseworthy projects in the different states and for different clients for different segments such as Roads, Bridges, Tunnels, Buildings, other Misc works etc, few of the Projects are in Joint Venture.

Fully integrated infrastructure player with in-house capacities

In-house design, engineering, development, construction, operation and management, strong technical team coupled with large equipment bank has enabled the Company to undertake timely completion of projects, without compromising on the quality and profitability. Our robust execution track record, timely completion capabilities, long-term relations with stakeholders and wide geographical presence have been the strong pillars of our growth story.

Multi-state presence with cluster-based approach

Brahmaputra Infrastructure Limited has established itself as an efficient player in sectors such as roads and highways, bridges and airport runways. It has emerged as one of the leading highway development, construction and management companies in the North East Region. The Company has also a diversified presence across multiple business segments and implementation models under infrastructure sector, thus reducing the concentration risk.

As Brahmaputra Infrastructure Limited has headquarters and corporate presence in North India, majority of its projects are located in the northern eastern region part of the country. It has also a very strong presencein Delhi and NCR regions, in Uttar Pradesh, Rajasthan, Haryana, Punjab, Maharashtra and Uttarakhand.

The Company follows a cluster-based approach, with more than half of its total order book consisting of projects from North East region. This has resulted in geographical advantage, optimum utilization of resources, translating into superior operating leverage and profit margins. It also allows the Company to bid at competitive rates and still maintain margin and profitability profile. Given the robust project pipeline inNorth East region of India, the geographical advantage is likely to favour the Company.

Established relationship with public sector clientele and excellent pre-qualification credentials

Brahmaputra Infrastructure Limited has worked on several projects with various state and central Governments over the last two decades. It has built strong, long-term relationships with key infrastructural development authorities such as the NHAI, MoRTH, Airports Authority of India, HSCC, ESIC, state Public Works Departments and others.

Order Book of the Company as on 31st March 2023:

Sr. No. Execution by Joint Operation / Company Name of Contract Type of Work Total orders in Hand
1 Joint Operation Construction of Assam Hills Medical College & Resreach Institute, Diphu, KarbiAnglong Building 55.04
2 Joint Operation CE/CON/B-S/MB/2016/15 (Bridge No. 161,162, 163) Construction of foundation and sub structure over pile foundation for Tall Bridge including all other ancillary works and protection works in between stations Bairabi and Sairang in connection with the construction of new BG Railway line from Bairabi to Sairang (Mizoram). Bridge 27.18
3 Joint Operation CE/CON/B-S/TN/2017/06-RT1 Construction of single line BG Cut & Cover Tunnels from Ch. 32075m to 32300m (appox length 225m), Ch. 41800m to 42000m (approx. length 200m), Ch. 47480m to 47650m (approx. length 170m) and Ch. 48535m to 48635m (approx. length 100m) in between stations Kawnpui to Sairang including counterfort retaining wall on pile foundation & protection work along with all other ancillary works in connection with Bairabi to Sairang New BG Railway Line Project. Tunnel 37.64
4 Joint Operation At KYQ - Construction of Station Building, Platform, Platform Shelter, FOB, Circulating Area, Approach Roads, Drainage system, RCC overhead Tanks, Carriage Watering, Hydrant Pipe lines including shifting of various Service Building and other ancillary works in connection with NBQ- GLPT-KYQ Doubling Project. Building 64.56
5 Joint Operation Construction of Medicine Block at JLN Hospital, Ajmer Building 18.09
6 Joint Operation Construction of Pediatricks Block and multi level parking at JLN Hospital, Ajmer Building 10.42
7 Joint Operation Construction of sub structure and super structure on pile foundation of Major Bridges: Bridge no 501 (3X12.2m PSC slab), 502 (2X61.0m+1X45.7m OWG, excluding super strutcure), 502A(9x12.2m PSC slab), 504 (3x6.1m PSC slab), 505(2x12.2m+9.15m PSC slab), 506(3x6.1m PSC slab), 507(2x12.2m PSC slab), 508(5x12.2m PSC slab), 509(2x12.2m PSC slab), 509A(3x6.1m PSC slab), 510(3x18.3m composite girder), 510A(3x6.1m PSC slab), 511(8x6.1m PSC slab) with PSC Girder launching and casting = total 13 no bridges including protection works etc, in between Nalbari to Rangiya Km 345/4-5 to Km 359/7-8 in connection with double line work of New BongaigaonAgthori doubling project. Bridge 58.13
8 Joint Operation Detailed Design and Construction of ASU Campus and Facilities Building 283.88
9 Company Protection of Cutting and embrakement by construction of RCC retaining wall, catch water drain, sub surface drain, shot creting/providing concrete canvas, geo-jute textile turfing on slopes, finishing of blanketing material etc. in between station Kawnpui&Sairang (30.00 KM to 49.20 KM) in connection with the the construction of new BG Railway line from Bairabi to Sairang (Mizoram) project. Protection 82.50
10 Company Construction of Multistorey Surgical Block at JLN Hospital Campus, Ajmer Building 31.59
11 Company Short Term Improvement & routine maintenance of two lane paved shoulders of Jaiselmer-Barner in the state of Rajasthan Road 12.77
12 Joint Operation Major upgration of Gandhinagar (Jaipur) Railway Station of Jaoipur Division of North Western Railway through EPC Building 174.96
13 Company OPERATION & MAINTENANCE OF DESCOPED LENGTH OF 2 LANE WITH PAVED SHOULDER TANOT- JAISALMER [TANK CHOWK(KM.123 +550) TO JAISALMER BYPASS (KM.125.573) LENGTH -2.023 KM] OF NH-68 & 2/4 LANE WITH PAVED SHOULDER OF JAISALMER-PHALODI SECTION OF NH-11 FROM KM 105.143 TO KM 265.600 (LENGTH 160.457 KM.) IN THE STATE OF RAJASTHAN Road 24.76
14 Joint Operation AII Div : Provision of 12 mtr wide Foot Over Bridge at Beawar, Sojat Road ,MarwarJn,Somesar, Mavli Jn, Falna, Jawai bandh, Pindwara, Vijay Nagar, Bhilwara, Fateh Nagar, Kapasan, Ranapratap Nagar & Dungarpur(14 Nos.) station over IR tracks to provide end to end connectivity under Amrit Bharat Station Scheme Bridge 98.57
15 Joint Operation Construction of six nos. of Tunnels Tunnel 138.52
Total order Book 1,118.61

OngoingProjects of the Company (EPC Division)

Buildings:

Construction of Assam Hills Medical College &Resreach Institute, Diphu, KarbiAnglong Assam,

At KYQ - Construction of Station Building, Platform, Platform Shelter, FOB, Circulating Area, Approach Roads, Drainage system, RCC overhead Tanks, Carriage Watering, Hydrant Pipe lines including shifting of various Service Building and other ancillary works in connection with NBQ-GLPT-KYQ Doubling Project.

Construction of Medicine Block at JLN Hospital, Ajmer.

Construction of Pediatricks Block and multi-level parking at JLN Hospital, Ajmer.

Detailed Design and Construction of ASU Campus and Facilities.

Construction of Multi storey Surgical Block at JLN Hospital Campus, Ajmer

Major upgration of Gandhinagar (Jaipur) Railway Station of Jaoipur Division of North Western Railway through EPC.

Road and Highways

Short Term Improvement & routine maintenance of two-lane paved shoulders of Jaiselmer-Barner in the state of Rajasthan.

OPERATION & MAINTENANCE OF DESCOPED LENGTH OF 2 LANE WITH PAVED SHOULDER TANOT-JAISALMER [TANK CHOWK(KM.123 +550) TO JAISALMER BYPASS (KM.125.573) LENGTH -2.023 KM] OF NH-68 & 2/4 LANE WITH PAVED SHOULDER OF JAISALMER-PHALODI SECTION OF NH-11 FROM KM 105.143 TO KM 265.600 (LENGTH 160.457 KM.) IN THE STATE OF RAJASTHAN.

Flood Protection:

Protection of Cutting and embrakement by construction of RCC retaining wall, catch water drain, sub surface drain, shot creting/providing concrete canvas, geo-jute textile turfing on slopes, finishing of blanketing material etc. in between station Kawnpui&Sairang (30.00 KM to 49.20 KM) in connection with the the construction of new BG Railway line from Bairabi to Sairang (Mizoram) project.

Bridges

CE/CON/B-S/MB/2016/15 (Bridge No. 161,162, 163) Construction of foundation and sub structure over pile foundation for Tall Bridge including all other ancillary works and protection works in between stations Bairabi and Sairang in connection with the construction of new BG Railway line from Bairabi to Sairang (Mizoram).

Construction of sub structure and super structure on pile foundation of Major Bridges: Bridge no 501 (3X12.2m PSC slab), 502 (2X61.0m+1X45.7m OWG, excluding super strutcure), 502A(9x12.2m PSC slab), 504 (3x6.1m PSC slab), 505(2x12.2m+9.15m PSC slab), 506(3x6.1m PSC slab), 507(2x12.2m PSC slab), 508(5x12.2m PSC slab), 509(2x12.2m PSC slab), 509A(3x6.1m PSC slab), 510(3x18.3m composite girder), 510A(3x6.1m PSC slab), 511(8x6.1m PSC slab) with PSC Girder launching and casting = total 13 no bridges including protection works etc, in between Nalbari to Rangiya Km 345/4-5 to Km 359/7-8 in connection with double line work of New BongaigaonAgthori doubling project

AII Div: Provision of 12 mtr wide Foot Over Bridge at Beawar, Sojat Road, MarwarJn,Somesar, Mavli Jn, Falna, Jawai bandh, Pindwara, Vijay Nagar, Bhilwara, Fateh Nagar, Kapasan, Ranapratap Nagar & Dungarpur(14 Nos.) station over IR tracks to provide end to end connectivity under Amrit Bharat Station Scheme

Tunnels

CE/CON/B-S/TN/2017/06-RT1 Construction of single line BG Cut & Cover Tunnels from Ch. 32075m to 32300m (appox length 225m), Ch. 41800m to 42000m (approx. length 200m), Ch. 47480m to 47650m (approx. length 170m) and Ch. 48535m to 48635m (approx. length 100m) in between stations Kawnpui to Sairang including counterfort retaining wall on pile foundation & protection work along with all other ancillary works in connection with Bairabi to Sairang New BG.

Construction of six nos. of Tunnels.

Briefing on Shopping Mall city Centre

(a) City Centre Shopping Mall (North East Biggest Shopping Mall)

City Center located in Guwahati, Assam is the largest shopping centre in Northeast India with a sprawling 4 lakh sqft. space for retail, F&B, and entertainment. The mall has allocated parking for 480 Cars. The third floor is dedicated to the presence of a large food court having Cafes, Bars, Specialty restaurants and food kiosks along with fine dining and entertainment options. The company has leased the multiplex to PVR, Anchors to Shoppers Stop and a number of National and International brands.