Sunil Hi Tech bags Rs.487 cr contract for Mahagenco’s 250 MW project

Chennai, January 06, 2010: Sunil Hi Tech Engineers Ltd., (BSE: 532711) one of the leading technology and EPC companies in the power and infrastructure sector has been awarded the Balance of Plant (BOP) contract for Mahagenco’s Parli TPS Project Unit No. 8, 1 * 250 MW. The total value of the contract is Rs. 487.82 crs.

The receipt of this order marks yet another milestone for Sunil Hi Tech as the company positions itself to participate in larger power infrastructure opportunities. Having successfully completed the Gangakhed Sugar and Energy power project in Maharashtra, their existing qualifications as an EPC contractor for up to 100 MWs for thermal as well as co-generation power projects and now the qualification for 250MW plus opportunities create a diverse and valuable portfolio of capabilities.

Mr. Ratnakar Gutte, Chairman and Managing Director, Sunil Hi Tech Engineers Ltd (SHEL) said: “This creates fantastic growth opportunities for SHEL in the coming years. It is a testimony of our team’s focus, engineering excellence and execution capabilities and is in consistent with our stated objectives of attaining a leadership position in the power infrastructure market.”

With the Government of India’s stated objective of achieving large scale capacity addition in power in the 11th plan (78,700 MWs) and 12th plan (revised upwards to 100,000 MW) and numerous large private sector capacity additions in the pipeline, the demand for a diverse and capable EPC and BOP contractors will significantly increase in the coming years placing Sunil Hi Tech in a commanding position.

About Sunil Hi Tech Engineers Ltd:

Sunil Hi Tech Engineers Ltd. has over 20 years of experience in the fabrication, erection, testing and commissioning of thermal power plants including doing individual works under BoP. An ISO 9001:2000 certified company, Sunil Hi Tech undertakes the erection, testing and commissioning of boilers and auxiliaries of up to 500 MW capacity, pressure parts, ESP and piping, and structural work in main plant building, bunker bay and miscellaneous structures of up to 660 MW.

In addition to this, Sunil Hi Tech designs, supplies, transports and provides the commissioning of EHV lines of substations, CW pipelines, large diameter piping, bunker belts, steel flue can; EPC work for transmission and distribution lines, transformers sub-stations and allied works, as well as the EPC contract for fuel oil system and the erection of turbine generators.

Sunil Hi Tech has 125,000 TPA of steel fabrication capacity and specializes in building steel structures for thermal power plants and has also established a 1,00,000 TPA of equipment installation capacity in power plants. The company takes up civil works for power plants of up to 500 MW. It undertakes manufacture, supply, and commissioning of super-heater eco, re-heater coils and equipment for thermal power stations.

For Further Details, please contact:

Rajan Nair, Mob: 94440 33817,

U.Christopher Charles, Mob: 98424 75706,

Concept PR, Chennai.