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June 03, 2015 9:16 PM ET

Construction and Engineering

Company Overview of Tata Projects Limited

Company Overview

Tata Projects Limited provides construction practices and expertise for large and complex industrial infrastructure projects. It operates through four strategic business units: Industrial Infrastructure; Urban Infrastructure; Quality Services; and Utility Services. The Industrial Infrastructure unit provides project management and turnkey solutions for thermal, hydro, gas based, and combined cycle power plants; erection of HVDC transmission lines and electrical substations; manufacturing of transmission towers; design optimization of transmission lines; ferrous and non-ferrous solutions, ore handling, ore pellatization, blast furnaces execution, ore purification, and project commissioning; d...

Mithona Towers - I

1-7-80 to 87

Prenderghast Road

Secunderabad

Hyderabad,  500003

India

Founded in 1979

Phone:

91 40 6623 8801

Fax:

91 40 6617 2535

Key Executives for Tata Projects Limited

Managing Director and Director
Age: 57
Chief of Corporate Affairs
Head of Power Generation and Executive Vice President
Head of Quality Services
Head of Metals & Minerals
Compensation as of Fiscal Year 2014.

Tata Projects Limited Key Developments

Tata Power Plans To Sell Non-Core Investments

The Tata Power Company Limited (BSE:500400) is mulling diluting its non-core investments to reduce the debt burden. "The company will relook at its non-core investments from time to time to see whether they can be rationalized," Tata Power Chairman Cyrus Mistry told. Mistry said the company is also re-looking at investment in Nelco, Tata Ceramics, Tata Projects, among others. Mistry added, "We will relook at our non-core investments to see how they can be rationalised." He further said, "We may not look at selling any assets. But we will definitely look at selling our non-core investments at appropriate time."

Investor Reportedly Eye SMS

REMONDIS SE & Co. KG; Metito Overseas Ltd.; Tata Projects Limited; Va Tech Wabag Ltd (NSEI:VATECH) are in the race to acquire a strategic stake in Aditya Birla Private Equity backed SMS PARYAVARAN Limited. The deal, valuing SMS Paryavaran at INR 5 billion, could help Aditya Birla exit SMS, three people with direct knowledge of the development said. "The company is looking at raising INR 150 crore to expand its current order book and execute some of the existing projects," an investment banker said. "Currently, the company is looking at selling a significant minority stake where Aditya Birla PE could also partially exit." The company's valuation has grown about four times since it reported revenues of INR 131 crore in 2012-13. "VA Tech Wabag and Tata Projects, too, have put in a competitive bid. Talks are on and the company will enter into exclusive talks with one of these players by end of the month," another person with knowledge of the company's plans said.

Chennai And Lucknow Airports Envinced Interests

Chaudhary Charan Singh International Airport and Chennai International Airport have evinced interest in bidding from Eleven companies, including International Leasing And Financial Services Ltd. (DSE:ILFSL), Essar Infrastructure Holdings Ltd, Tata Projects Limited, Tata Realty and Infrastructure Limited, GMR Infrastructure Limited (BSE:532754) and Reliance Industries Limited (BSE:500325).

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