Bangalore based Bateman Engineering India bags prestigious 2 million USD contract from Kolkata based Thiess India

INVC,,

Bangalore,

Bangalore based Bateman Engineering (India) Pvt Ltd (Bateman India), the fully owned subsidiary of Netherlands based Bateman Engineering NV, a leading engineering-project house and equipment supplier, announced that it has bagged a prestigious contract worth 2 million USD from Kolkata based Thiess India Pvt Ltd. Bateman will be providing its Engineering and Project management services for the proposed 15 MTPA Coal Handling Plant at the prestigious Pakri Barwadih Coal project in Jharkand, which has been awarded to Thiess India by NTPC Limited.

Thiess India Pvt Ltd is the Indian subsidiary of Thiess, a leading mining, construction and services contractor, with diverse operations throughout Australia and selected international markets. Thiess India will execute the project, one of the largest contracts ever awarded by NTPC, through a 90% owned Indian joint venture company Thiess Minecs Pvt Ltd. The other 10% is held by Kolkata based Minecs Finvest Pvt Ltd.

Pakri Barwadih will be the first of the six mines NTPC intends to develop to provide low cost for its power stations, replacing expensive coal. The contract involves construction of site infrastructure and coal processing plants during the first two years, followed by overburden removal, coal mining and operation of processing and rail loading facilities over the entire life of mine.

Announcing the tie-up with Thiess India, Thys Greeff, Managing Director, Bateman India, said “We are extremely pleased to be working with Thiess India on the Pakri Barwadih Coal project, which will in time to come, become a benchmark for the Indian mining industry. Bateman India’s scope of services, includes providing consultancy services for Engineering and Contract/Procurement services for installation of primary Crushing unit, Coal Stock pile area which consists of Secondary and Tertiary crushing unit and Conveying system connecting primary crushing unit and Stock pile area”.

“Bateman India, in executing the contract, will access the long established expertise and technological resources of the worldwide Bateman Engineering Group, in combination with cost effective services, equipment and material supplied from Bateman’s Asian location” added Thys Greeff.

Said Dr. R. Srikanth, Chief Executive, Thiess India, “Thiess Minecs selected Bateman India to provide Engineering and Project Management Services for the Pakri Barwadih CHP due to Bateman India’s proven capability in engineering of material handling systems, best-in-class project management services, and finally, the sharp customer focus that the Bateman India team bring to bear on any project.”

With its more than ninety year heritage as a leading engineering-project house and equipment supplier, Bateman Engineering serves a range of industries worldwide. The company’s focus is on delivering innovative solutions to unlock the value of natural resources, through converting them into marketable products.

Client access and project management services are provided globally through Bateman’s network of permanent international offices located in Australia, China, India, Russia, North and South America, Southern Africa, the United Kingdom and the Netherlands. Services offered include, but are not limited to, process engineering, specialist niche technologies, equipment supply and related services, procurement, project finance facilitation, contracting and project management. Bateman is committed to Delivering Excellence in everything that it does.

About Bateman Engineering (India) Pvt Ltd

The Company started its operation in India on 17-April, 2006 by setting up an office in 2006 as fully owned subsidiary of Bateman Engineering NV. The company started its modest operation with handful of people and an order for a Lead-Zinc beneficiation plant in the year 2006. The company has undergone ups and downs as most of the companies have undergone through start up and during the global recession period and eventually started looking up with winning of new opportunities in the rising economy especially in Mining and Mineral sector. Today, Bateman India has a total manpower strength of 137 people comprising of 112 engineers and 25 support personnel. The company offers innovative process engineering and design with a focus on enabling its clients to improve both the efficiency and financial return on their projects. Bateman also provides a comprehensive range of services for total Brownfield upgrades and complete new process plant solutions for the full range of commodities including diamonds, industrial minerals (such as ilmenite, rutile, zircon, graphite and andalusite), uranium, coal, iron ore, gold, platinum group metals, copper, lead-zinc, nickel, cobalt, manganese, ferrous metals and ferroalloys.

Bateman has been associated with the execution of various projects in India since its inception in 2006, in the area of Mineral Processing, Bulk Material handling and Metal recovery in Lead-Zinc, Iron, Alumina, Ferroalloys, Coal, Uranium, Manganese and various other market segments and is working on many more project proposals. Since, India is one of the fastest developing countries with huge growth potential in Mining and Power sectors there is good business opportunity in our core business area. Since, there is huge gap between demand and supply and increasing spending capability due to higher GDP, many power plants and mining projects are in the various stages of planning and execution. This provides greater opportunity for all the business houses as well as the Engineering companies like Bateman. With regards to the competition, one must look at it as an opportunity to keep oneself updated and market oriented with innovative niche technology and products. We do face challenges from the competition due to technology differences, various financial models being adopted in industry and local issues etc.