Current order book stands at Rs 2200cr: RPP Infra

MK Sivabal, chief operating officer, RPP Infra Projects in an interview to CNBC-TV18 said that the company has submited bids for project in Madhya Pradesh. He said, "We have been focusing on projects between Rs 100-150 crore.We are looking at projects like segments roads and buildings."

RPP Infra in joint venture (JV) with Truba Manunggal and KSK Energy Ventures been pre-qualified for 2x25 megawatt power project in Indonesia. RPP Infra's current order book stands at Rs 2,200 crore. "With these new projects we may grow our order book by end of this financial year," he added. Below is the edited transcript of Sivabal's interview with CNBC-TV18.Also watch the accompanying video. Q: We understand that you are likely to bid for an order in Madhya Pradesh which will be opening up very soon. Could give us more details about the size of the order andmargins? A: We have been focusing on projects between Rs 100-150 crore. We are looking at projects like segments roads and buildings. We have bided for a couple of projects and are waiting for the tender to open. I can share the information with you once that is through. Apart from that we are looking at an Indonesian power project. The prequalification for that has been done. We are looking for the price bid which we call for in November. I would be able to tell about the progression of the project at that time. Q: When can we hear decisively on both of these projects? A: It will be in November as price bid will be called for at that time. We have successfully bided for it and have been shortlisted among seven-eight competitors. It is a DBOT project and the cost would be around Rs 500 crore. Once the price bid is called for we will go for negotiation. We will be able to give a clear picture by November end. Q: What is your total order book position now and how much are you executing from that? A: Our current order book is around Rs 2,200 crore. With these new bids we may grow our order book by end of this financial year. Q: Could you tell us the size of the power plant for which you are prequalified in Indonesia? A: This is 2x25 megawatt power project in Indonesia. We have bided as a joint venture with Truba Manunggal, an Indonesian company and KSK Energy Ventures, Hyderabad. It is connected to 150 KV substation on one of the islands in Indonesia. In Indonesia, there is a surplus of coal but shortage of power because there are more than 100 islands. There is a lot of power potential and we can in go for lot of such projects. The project cost will come around approximately Rs 500 crore and the joint venture is already pre-qualified. Q: Can you give us an update of the mass housing contract which you won from the republic of Gabon as well? Have you started executing that? A: We have already started land degrading work for that. The Gabon government has requested us to go for cost effective kind of building. A small project coming and the model house is already started. We are doing some research and development with a company in Dubai and ourselves in Gabon. If that is approved by the Gabonese government we will start the program. It