Leighton wins ONGC pipeline contract
Leighton Contractors of Australia has emerged lowest bidder for ONGC’s western offshore Pipeline Replacement Project, Phase-II.
Seven bids were opened in Mumbai on March 8. Punj Lloyd was technically disqualified for lacking relevant experience.
Sydney-based Leighton Contractors quoted $715m while another Australian company: Global, came second with $795m. Larsen & Toubro was third quoting $890m.
Leighton should get the contract, even though ONGC estimates this project should cost $640m. ONGC wants 200-km of pipelines replaced by end-2010.
Leighton is currently implementing several high profile projects in India, notably the new, 50-storey ultra-modern personal residence of Reliance boss Mukesh Ambani in the upmarket Malabar Hill area of South Mumbai. Leighton is also the contractor for Reliance’s new refinery and â€کcorporate park’ – both at Jamnagar.
In addition, Leighton is sub-contractor for the revamp and upgrade of the now private Mumbai airport and is laying a 72-km road from Indore to Khalaghat.