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Abhijeet Group to power Mihan

NAGPUR: It’s icing on the cake for the Orange City. For the city’s dream project, the power will be generated by a city-based power company. Abhijeet Group, an infrastructure arm of Neco Jayaswal Group, has emerged as the successful bidder for setting up a 100 MW coal-based power plant for the proposed Multi-modal International Hub Airport at Nagpur (MIHAN). The financial bids for the project were opened at the Maharashtra Airport Development Company office in Mumbai on Wednesday.

Forty players had initially evinced interest in the project and the final competition was amongst Abhijeet Group, KSK Energy of Hyderabad, Cethar Vessels of Trichy, Shriram EPC from Chennai and Crompton Greaves of Mumbai.
Abhijeet Group emerged as the lowest bidder with a tariff of less than Rs 3 /kwh. Ernst & Young were the exclusive transaction advisors to MADC for the selection process.

As per the bid agreement, the work on the Rs 850 crore power project should start within 30 months, said the group’s patriarch and chairman Basantlal Saw.

Talking to ToI, he said the plant will come up in 65-hectare land under MIHAN. Abhijeet Group was part of the Neco family and was mainly into infrastructure and power generation.
MADC had invited developers for the 100-MW (2X 50 MW) thermal power plant with an inbuilt provision to expand to 200 MW.

The bid under build-operate, transfer (BOT) basis was for operating, maintaining, transmission and distribution of power for MIHAN where a special economic zone (SEZ) is also coming up besides several value addition in a total area of over 4,300 hectares.

It started by bagging its first order — a 540 MW plant in Jharkhand. "Financial closure for that project would be achieved by this month end. Its the first power generation plant of the company," said Manoj Jayaswal, one of the directors of Abhijeet Group. The company has also joined hands with the Darda group for setting up a 1035 MW power project in Yavatmal that is proposed to be completed by year 2010.

"With the selection of Abhijeet Group as the supplier of power, we have taken giant step in fulfilling the commitment of chief minister Vilasrao Deshmukh to make Nagpur an international city", said RC Sinha, vice-chairman and managing director of MADC.

An elated Abhishek Jayaswal, director of the company, remarked that : "It is a moment of great pride. Having domiciled in the city for last 35 years and having lived every moment for the city’s growth, we owe this project to people of the Orange City ."

Abhijeet Group has a diversified industrial profile and has presence in the road, power and mining sectors, apart from pursuing its interest in the steel sector.

Source: Times of India

praful J Bhongade's picture

Sir, Myself Praful J

Sir,
Myself Praful J bhongade,presently working in Uttam Galva Metallics Ltd,Wardha
as Sr.Engg.(Electrical-Projects)I ve experince of 6 Yrs & keen interested doing power project .So Plz let me know if suitable opening is there.
Thank u.

ASHISH THAKUR's picture

Sir,my nam is Ashish Thakur

Sir,my nam is Ashish Thakur recently i am in GODAWARI POWER AND ISPAT LTD, RAIPUR. BUT I AM heartly interested to do job in nagpur in field of power plant so i want an apportunity to work in your group. THANGS

chamrulal uke's picture

Dear Sir, I am Chamrulal Uke

Dear Sir,

I am Chamrulal Uke from Nagpur city & I have 6yr experience in Store Keeper Cum Site Accountant . At present I am working Sunil Hi Tech Engineers Ltd Nagpur , but I am very much thankful to you if you are giving me a opportunity to work with your esteem organization.

Thank you .

sanjeet jha's picture

Dear Sir, I am commerce

Dear Sir,

I am commerce graduate , persuing M.Com & also knowledge og computer in basic & financial accounting. i want to be join in your company if you have require then reply. i will wait for your reply.

Regards.,

Sanjeet Jha

anurag pandey's picture

Dear sir, I am from

Dear sir,
I am from singrauli and completed BE frm bhobal with Specialization in MECHANICAL ENGG.If there is any applicable job for me.PLease let me know i am in need of job. Waiting for your positive response.

Anupam kumar's picture

Sir, I have passed B

Sir, I have passed B .E(Mechanical engg.)in rajasthan university.is there any job vacency plese replay me.(as a Fresher)

Prakash Dakhole's picture

Dear Sir, I am from Nagpur

Dear Sir,
I am from Nagpur city & I have 12yr experience in water treatment fild. At present I am working with MNC group but I am very much thankfull to you if you are giving me a oppurtunity to work with your esteem organisation.

swapnil kundelwar's picture

abt power project equipments (e.g:JCB,CRANES,DG machin,tipper..)

SIR,
I'm hvng 1 Hairing company styeled
" ARIHANT EARTH MOVERS " it will b my plasure working wth such Reputed BRAND.....in every sector...!
swapnil kundelwar
+91 9860333687
+91 9326871212

parshuram tidke's picture

abt job

sir am completed my BE(COMP ENGG)from nagpur ,is ther any job vacancies for me

Rushikesh M.Kakade's picture

searching technical job in nagpur

Respected sir, I am rushikesh kakade passed my degree in electrical stream and I am working in a Infrastructure Project at Alibag. Now am searching for a job which gives me good technical knowledge. please do reply if your firm is searching for new employees.

ABHIJEET PALKAR's picture

ELECTRICAL SUPERVISOR

I AM WORKING IN ABU DHABI AS ELECTRICAL SUPERVISOR IN CONSTRUCTION COMPANY, COMPLETING MY 3 YEAR VISA, RETURNING BACK TO NAGPUR . DO I HAVE ANY JOB PROSPECTS ON CONSTRUCTION SIDE . PLEASE GUIDE

avinash kumar's picture

sir,i am from jharkhand,but

sir,i am from jharkhand,but pursuing BE from nagpur,after four months i will completed my study from priyadarshini college of engg.my specialisation in electrical engg.

ANUP V CHOKHANDRE's picture

applying 4 job

sir,i m from nagpur,but pursuing mba from pune,after 4 months i will completed my study,so i want to get a job in my hometown,my specialization is mba finance.thank you

Mihan's picture

Thanks for information.

Thanks for information.

swapnil brahme's picture

no

no

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