Tata Projects

Last updated
Tata Projects
Company type Subsidiary
Industry Engineering, procurement, and construction (EPC)
Founded1979;45 years ago (1979)
Founder J. R. D. Tata
Headquarters Mumbai, Maharashtra, India
Area served
Worldwide
Key people
RevenueIncrease2.svg₹18,045 crore (US$2.3 billion) (FY24) [1]
Increase2.svg₹88 crore (US$11 million) (FY24) [1]
Total assets Increase2.svg₹21,496 crore (US$2.7 billion)(FY24) [1]
Total equity Increase2.svg₹2,856 crore (US$360 million) (FY24) [1]
Number of employees
6,500+
Parent Tata Group
Website Official website

Tata Projects is an Indian engineering, procurement and construction company. It is a subsidiary of Tata Sons. [2]

Contents

History

The company was founded by J. R. D. Tata to create a complete consortium that would take on projects, Division of Tata Sons for engineering procurement and construction projects. [3]

Founded in 1979, the company carries out industrial and urban infrastructure projects. [4] [5] [6] [7] [8]

Operations

Advanced Technology Facilities

Construction of Data Centres, Manufacturing units, and Life Sciences Facilities adhering to GMP/FDA standards from conception to completion. India's first Semiconductor Manufacturing Facility for Micron at Sanand, Gujarat [9]

Space and nuclear

For the Nuclear Power Corporation of India Limited (NPCIL), Bhabha Atomic Research Centre (BARC), and Indian Space Research Organisation (ISRO), it constructs complicated structures and assists on-site integration services. [10] A $321 million order from the Nuclear Power Corporation of India (NPCIL) was given to the corporation, marking its third contract in the nuclear power industry. [11]

Power sector

It supports gas-based combined-cycle power plants and balance of plants on an EPC basis for coal based power plants that are operating at supercritical and subcritical temperatures. [12] [13]

Transportation

Its focus areas are airports, niche road projects including expressways and railway infrastructure including mass rapid transit systems and automobile sector. [14]

The company carries out transport and urban development projects for Mumbai Metropolitan Region Development Authority (MMRDA). [15] [14]

Urban infrastructure

Tata Projects built New Parliament House, New Delhi, lotus, peacock, and banyan tree are three national emblems that are incorporated into the interior design. [16] [17] [18] [19]

Oil and gas

In 2020, The company received orders of Rs 6,000 crore in oil and gas refinery industry from two state-run businesses. [20]

Metals and minerals

Tata Projects operates iron and steel in different countries and it is capable of building beneficiation plants, sinter plants, pellet plants, blast furnaces, casters and rolling mills on an EPC basis. [21] [22] [23] [24]

Water

In 2017, Tata Projects and Watergen of Israel began initiatives that aim to extract drinking water from the atmosphere. [25] In Connaught Place in New Delhi, Watergen installed a GEN-350G pilot where 2,000 people received drinking water from the air each day. [26]

Awards and Recognition

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References

  1. 1 2 3 4 "Tata Projects Limited" (PDF). TATA PROJECTS. Retrieved 3 May 2024.
  2. ↑ "Tata Projects Ltd - Company Profile and News". Bloomberg.com. Bloomberg L.P.
  3. ↑ Srivastava, Samar (28 November 2022). "Inside Tata Projects, India's Newest Infra Builder". Forbes India .
  4. ↑ Bana, Sarosh (19 October 2020). "The Parliament project pushes Tata Projects higher". Business India .
  5. ↑ "Business Standards".
  6. ↑ "Tata Projects Q4 Results: Firm posts PAT of Rs 120.5 crore". The Economic Times. 2024-05-02. ISSN   0013-0389 . Retrieved 2024-05-17.
  7. ↑ "Tata Projects reports net profit of ₹121 crore in Q4". CNBCTV18. 2024-05-02. Retrieved 2024-05-17.
  8. ↑ "Tata Projects Q4 results: Company posts PAT of Rs 120.5 crore, on back of higher revenues". Zee Business. 2024-05-02. Retrieved 2024-05-17.
  9. ↑ Bureau, BL Mumbai (2023-09-23). "Tata Projects bags contract to build Micron's $2.75 billion semiconductor plant in Gujarat". BusinessLine. Retrieved 2024-04-01.
  10. ↑ "Tata Projects bullish on energy segment, eyes Rs 16,000 cr topline this year". cnbctv18.com. CNBC TV18. 14 April 2019.
  11. ↑ "Tata Projects receives NPCIL order worth $321 mn". The Hindu Businessline . 3 April 2019.
  12. ↑ "Tata Projects bags transmission project in Bangladesh". The Economic Times. 11 November 2021.
  13. ↑ Anand, Saurav (22 December 2022). "Tata Projects, CSIR-IIP ink pact for clean energy solutions". Mint.
  14. 1 2 Rao, Shashank (14 April 2023). "The bridge that will stand tall for 100 years". Hindustan Times .
  15. ↑ "Reliance Infrastructure, Tata Projects win five packages in Mumbai Metro Line 4". The Financial Express . 14 April 2018.
  16. ↑ "Tata to build new India parliament". BBC News . 17 September 2020.
  17. ↑ Nath, Damini (29 May 2023). "Parliament building inauguration: On their biggest day, backroom team watches from the last row". The Indian Express .
  18. ↑ "5 Facts About New Parliament Building, The Temple Of Democracy". NDTV . 28 May 2023.
  19. ↑ "Main structure of new Parliament completed, finishing work in progress: Tata Projects CEO". The Hindu . Press Trust of India. 28 August 2022.
  20. ↑ Pillay, Amritha (23 January 2023). "Tata Projects wins orders worth Rs 6,000 crore from oil and gas sector". Business Standard .
  21. ↑ Sanjai, P. R. (7 March 2013). "Tata Projects aims to triple turnover to '10,000 cr". Mint .
  22. ↑ "TATA Projects strengthens Africa footprint with orders totaling about USD 323". Asian News International . 13 January 2022.
  23. ↑ "Tata Projects unveils new strategy to accelerate growth". Business Standard . 22 January 2013.
  24. ↑ "Tata Steel initiates first equipment trial for cold rolling mill, pellet plant projects at Kalinganagar facility". The Times of India . Press Trust of India. 3 March 2022.
  25. ↑ "Grundfos signs MoU with TATA Projects for projects in environment, water". Business Standard . Press Trust of India. 10 October 2021.
  26. ↑ "Tata Projects, Israel's Watergen to work on projects to extract drinking water from air". The Hindu Businessline . 16 January 2018.
  27. ↑ "Tata Projects bags ENR Global Best Projects Award 2023 for new Parliament building construction". CNBCTV18. 2023-12-21. Retrieved 2024-05-15.
  28. ↑ "TATA Projects New Parliament Building Wins ENR's Global Best Projects Awards 2023". Hindustan Times. 2023-12-20. Retrieved 2024-05-15.
  29. ↑ "ET NOW 8th Infra Focus Awards 2023: Check FULL LIST of Winners". Times Now. 2023-09-29. Retrieved 2024-05-15.
  30. ↑ "The 9th ET NOW Infra Focus Summit and Awards 2024". InfraFocus Summit and Awards 2024. Retrieved 2024-05-15.
  31. ↑ "CW Awards 2023: Construction Contractor of the Year - Construction Week India". Construction Week India. 2023-10-06. Retrieved 2024-05-15.
  32. ↑ "CW Awards 2023: Green Project of the Year - Construction Week India". Construction Week India. 2023-10-09. Retrieved 2024-05-15.
  33. ↑ "NSC" (PDF).
  34. ↑ "The Institution of Engineers (India)" (PDF).
  35. ↑ "Construction World Global Awards 2024". www.constructionworld.in. Retrieved 2024-05-15.
  36. ↑ "CIDC" (PDF).
  37. ↑ "International Safety Awards 2022 - Winners list". British Safety Council. Retrieved 2024-05-15.
  38. ↑ "Tata Projects" (PDF).
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