logo
#

Latest news with #NECL

Hyderabad-based Navayuga Engineering Company Limited bags contract to clear Deonar dumping ground
Hyderabad-based Navayuga Engineering Company Limited bags contract to clear Deonar dumping ground

Indian Express

time18-07-2025

  • Business
  • Indian Express

Hyderabad-based Navayuga Engineering Company Limited bags contract to clear Deonar dumping ground

Two months after floating a Rs 2,368 crore tender to clear the existing mounds of untreated legacy waste through bio-remediation from the Deonar dumping ground in Mumbai, the Brihanmumbai Municipal Corporation (BMC) on Monday finalised Hyderabad based firm Navayuga Engineering Company Limited (NECL) as the winning bidder for the project. The NECL will be awarded the project at 7.29% above the estimated cost, as a result the cost of the project now stands at Rs 2,540 crore. The BMC's move to clear the dumpsite came months after the state government in October last year allocated a 124-acre portion of the larger 311-acre Deonar landfill for constructing housing tenements for the Dharavi Redevelopment Project (DRP)–a project spearheaded by the Adani Group and the state government's Slum Rehabilitation Authority (SRA) through a Special Purpose Vehicle (SPV)–Navbharat Mega Developers Private Limited (NMDPL)–where the Adani Properties Private Limited (APPL) holds 80% of the share and remaining 20% is with SRA. In its tender document the BMC had mentioned that 110 hectares or 271-acre portion of the land will be cleaned as part of this project. Earlier in 2020, the NECL and Adani had entered into a 74:26 joint venture with the latter holding the maximum stake for constructing the 47.8 km long Vijayawada Bypass. For this project, the two firms had also incorporated a new company–Vijayawada Bypass Project Private Limited (VBPPL). Previously, the NECL has also bagged contracts for some major infrastructure projects in Mumbai including the extension of the Eastern Freeway from Mankhurd to Anand Nagar at a cost Rs 2,682 crore and the 13-km long Thane Coastal Road extending between Balkum and Gaimukh which is also being built at Rs 2,727 crore. The NECL was also involved in the construction of the Silkyara Tunnel in Uttarkashi–a portion of which collapsed on November 2023 following which 41 construction workers remained trapped underneath for 16 days. The BMC had floated the tender for clearing the Deonar dump-site on May 14. However, the deadline of the project got pushed three times. On July 4, three firms including Navayuga, HG Infra Engineering Limited and RE Sustainability emerged as the final shortlisted bidders. According to the BMC's records, all the three firms had submitted quotations above the estimated price of Rs 2,368 crore set by the BMC authorities. While Navayuga quoted 7.29% above the estimated price, HG Infra quoted 11.53% above the price and RE Sustainability quoted 24.8% above the estimated price. Civic officials said that considering Navayuga was the lowest bidder among the three, they were shortlisted and the final work order will be awarded at Rs 2,540 crore which will be 7.29% above the estimated cost of Rs 2,368 crore. 'Almost all the companies who were present in the pre-bid meeting had raised their concerns on the complexities of this project. For example, the entire dump-site needs to be cleared within three years and the same will require immense deployment of logistics. As a result, all of them had submitted quotations over the estimated price. Still the final price was selected on the basis of competitive market rates,' said an official. According to the BMC's projections in order to clean up the facility in three years, the BMC will have to process a minimum of 23,000 MT of the legacy waste every day that is present in the dumpsite. This is nearly four times more than the quantum of waste entire Mumbai generates on a daily basis. Civic officials also said that to transport the waste residues that will be generated post bio-remediation of such a large pile of solid waste, at least 1,200 trucks will be needed to be deployed into action every day. 'Besides logistical challenges, there is also a natural obstacle that we have to encounter. In Mumbai, there is a monsoon for every four months and during this period bio-remediation cannot take place. In three years, there will be three monsoon seasons which equates to 12 months–during which there won't be any progress for 12 months. As a result, the window of operation is 36 months only,' the official added. The officials also maintained that a key challenge is securing permission from multiple state departments before going ahead with the cleaning work. The dumpsite stands adjoining the Vashi Creek which falls under the Coastal Regulation Zone (CRZ). Meanwhile, the banks of the creeks have mangrove patches and nurseries whose jurisdiction falls under the state environment department.

Andhra granted Rs 93 crore to NECL for Polavaram works
Andhra granted Rs 93 crore to NECL for Polavaram works

New Indian Express

time22-04-2025

  • Business
  • New Indian Express

Andhra granted Rs 93 crore to NECL for Polavaram works

VIJAYAWADA: The State government has granted administrative approval for a payment of Rs 93.93 crore to Navayuga Engineering Company Limited (NECL) for its work on the Polavaram irrigation project, according to an official statement issued by the Water Resources Department. The payment includes, Rs 57.56 crore as per the terms of the agreement and an additional Rs 36.37 crore to be disbursed with the final bill. NECL was tasked with executing the balance head works of the project under a 2018 agreement, which was mutually pre-closed as per Clause 89.3 of the General Conditions of Contract (GCC). The company submitted a consolidated claim, prompting the government to form an expert committee in May 2022 to review the claims. The committee, comprising Engineer-in-Chief (Irrigation) C Narayana Reddy, Chief Engineer (PIP) B Sudhakara Babu, and Advisor (Designs) M Giridhara Reddy, was tasked with examining the claims in line with agreement conditions. Based on the panel's recommendations submitted on September 30, 2022, the government approved the payments after careful consideration. The Chief Engineer of the project has been directed to take further action to facilitate the disbursal.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store