Message from the Chairman
As we march towards the 2047 target of Viksit Bharat, the Government of India’s commitment to infrastructure development will continue to be an important driver to build an Atmanirbhar Bharat.
Message from the Managing Director
Transforming Towards Sustainable and Profitable Growth
Dear Stakeholders,
I am thrilled to share our remarkable journey towards becoming a profitable company and delivering consistent results. Our strategic realignment, organisational transformation, and improved focus on operational efficiencies have started yielding results.
Transforming Lives.
Building a Better World.
Tata Projects in FY2024
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Order Booking₹ 0 Cr
Standalone Revenue₹ 0 Cr
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CountriesLandmark Projects
Mumbai Trans Harbour Link
The Mumbai Trans Harbour Link (MTHL) is a 21.8 km road bridge that connects Mumbai to Navi Mumbai. The six-lane bridge is the longest sea bridge in India. The MTHL Bridge gives a faster connectivity with proposed Navi Mumbai International Airport, JNPT Port, Mumbai – Pune Expressway, and Mumbai – Goa Highway.
New Parliament Building, New Delhi
This project epitomises the aspirations of the world’s largest democracy and is India’s first parliament built after independence. It was conceptualised around India’s national symbols - the peacock (national bird) for Lok Sabha, the lotus (national flower) for Rajya Sabha and the Banyan (national tree) for the Central Lounge. The 6.5m tall and 4.5-ton heavy Ashoka emblem sits atop the parliament building and is a matter of pride for all Indians.
Noida International Airport, Jewar
The Noida International Airport, a Greenfield airport, is poised to become India’s largest airport with a final capacity of 70 Million annual passengers, positioning it as one of the largest airports in Asia. Developed by Zurich Airport International, Tata Projects is honoured to be associated with this prestigious project.
Shree Mandira Parikrama Prakalpa, Puri
The Shree Mandira Parikrama Prakalpa project at Puri, Odisha focused at enhancing Spiritual Tourism at large. The project focussed on building seamless connectivity, modern amenities, and an eco-friendly environment to enhance the pilgrimage experience for devotees and tourists alike.
National Maritime Heritage Complex, Lothal
India’s first maritime heritage museum at Lothal, a key site of the ancient Indus Valley Civilisation in Gujarat, aims to preserve and exhibit the nation’s rich maritime history. Spanning 400 acres, this project will include a National Maritime Museum, Maritime Research Institute, Theme Park, Conservation Park, Lighthouse Museum, resorts, and more.
Hot Strip Mill, Hazira
ArcelorMittal Nippon Steel India (AM / NS) awarded Tata Projects the civil and structural construction work for the Hot Strip Mill (HSM #2) in Hazira, Gujarat. This project is a part of the Company’s current 5.5 MTPA expansion and is scheduled to be completed by FY2026.
Tata Electronics Factory, Hosur
This precision manufacturing unit is spread across 80 acres in Hosur, Tamil Nadu. The total built-up area of the project is ~2 Million Sq. Ft. The project has been constructed as per Gold Standards under the GBC rating system.
Metro, Chennai
We have been awarded the Chennai Metro Rail’s 9 km twin-bore tunnel under package TU-01. The tunnel starts from Venugopal Nagar station shaft and ends at Kellys station. It is expected to be completed by FY2026.
Dedicated Freight Corridor Project
We are spearheading the design and construction of pivotal segments within the Dedicated Freight Corridor Project, successfully completing a cumulative distance of 820 TKM. This milestone underscores its substantial contribution to bolstering the nation’s freight transportation infrastructure.
First Solar Manufacturing Facility, Chennai
This project is a monumental greenfield site spanning 127 acres near Chennai, Tamil Nadu. It encompasses a state-of-the-art production area spanning 50 acres, alongside a dedicated 230kV electrical substation, zero effluent discharge system, recycling services, and industrial gas production facility. Its annual capacity of 3.3 GW ranks among India’s largest vertically integrated solar manufacturing facilities.
Trisonic Wind Tunnel, Thiruvananthapuram
We are proud to partner with the Indian Space Research Organisation (ISRO) in developing a 1.2-metre Trisonic Wind Tunnel at the Vikram Sarabhai Space Centre in Thiruvananthapuram, Kerala. This cutting-edge facility will equip ISRO to perform high-velocity aerodynamic tests on space vehicles, enabling simulations ranging from Mach 0.2 to 4.
Metro, Pune
The Pune Metro project encompasses two phases and Line 3, a 23.2 km elevated metro with 23 stations. It offers numerous benefits to the city, including reduced traffic congestion and pollution, improved connectivity, and faster commuting times.
Advanced Semiconductor Facility, Sanand
TATA Projects is building an advanced semiconductor assembly and test plant in Sanand, Gujarat. This 93-acre project, a milestone under the India Semiconductor Mission, adheres to LEED Gold Standards and features a Zero Liquid Discharge system.
HRRL, Barmer
HRRL is developing a green-field refinery and petrochemical complex in Rajasthan. Tata Projects has secured the contract for the Crude Distillation Unit and Vacuum Distillation Unit (CDU-VDU) of the 9.0 MMTPA refinery complex.
NTPC Telangana Super Thermal Power Project BOP, Ramagundam
The first 800 MW Unit of phase 1 of the Telangana Super Thermal Power Project of NTPC was dedicated to the nation in October 2023, followed by the second unit with 800 MW capacity in March 2024. It will provide low-cost power to Telangana and provide a boost to the economic development of the state. It will also be one of the country’s most environmentally compliant power stations.
Nagarnar Steel Plant
Tata Projects constructed India’s largest blast furnace for the Nagarnar Steel Plant, a greenfield project by the National Mineral Development Corporation (NMDC). This greenfield integrated steel plant boasts India’s second-largest blast furnace, with a capacity of 4,506 m3. With the capability to churn out 9,500 tons of hot metal daily (equivalent to 3 MTPA), it stands as a significant addition to the country’s industrial landscape.
BUSINESS SEGMENTS
Our Businesses
Urban Infrastructure
We specialise in executing projects in the commercial and mixed-use building sectors, with a strong focus on technology-driven Engineering, Procurement, and Construction (EPC) solutions. Our commitment lies in delivering large and complex projects with excellence and efficiency.
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Oil, Gas, and Hydrocarbon
Tata Projects delivers state-of-the-art solutions for the Oil, Gas, and Hydrocarbons industry in the Indian and Middle Eastern markets. Our specialised services span the entire value chain, encompassing onshore oil field development, refinery and petrochemical solutions, 2G bio-ethanol refineries, fertilisers, and gas compression stations. From LNG re-gasification to onshore oil processing units, utilities, and offsite facilities, we provide expertise in clean energy solutions and beyond.
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Transportation
Our transportation segment spans a wide range of projects, including airports, expressways, highways, railway corridors, metros (both elevated and underground), bridges, tunnels, inland waterways, and ports.
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Space & Nuclear
We have a significant presence in India’s space and nuclear industry, collaborating with renowned organisations like the Indian Space Research Organisation (ISRO), Bhabha Atomic Research Centre (BARC), and Nuclear Power Corporation of India Limited (NPCIL).
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Metals & Minerals
Tata Projects stands out in the metal industry, offering comprehensive solutions across the iron and steel production chain. We are recognised for our capability to deliver complete projects, such as ore beneficiation plants, sinter plants, pellet plants, coke oven batteries, blast furnaces, steel melting shops, casters, and rolling mills, utilising cutting-edge technologies and customised execution methodologies.
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Power
We offer a comprehensive range of services in the power sector, including power generation, transmission, last-mile distribution, pump storage solutions, smart grid solutions, and inspections. We specialise in gas-based combined cycle power plants and the balance of plants on an EPC basis for supercritical and subcritical coal-based power plants.
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Advanced Technology Facilities
Tata Projects stands at the forefront of delivering integrated turnkey solutions for Advanced Technology Facilities in India, encompassing a diverse range of establishments such as data centres, advanced manufacturing units, and life sciences facilities adhering to GMP / FDA standards. We leverage our EPC expertise to ensure seamless project delivery, from conception to completion.
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Urban Infrastructure
We specialise in executing projects in the commercial and mixed-use building sectors, with a strong focus on technology-driven Engineering, Procurement, and Construction (EPC) solutions. Our commitment lies in delivering large and complex projects with excellence and efficiency.
Read MoreOil, Gas, and Hydrocarbon
Tata Projects delivers state-of-the-art solutions for the Oil, Gas, and Hydrocarbons industry in the Indian and Middle Eastern markets. Our specialised services span the entire value chain, encompassing onshore oil field development, refinery and petrochemical solutions, 2G bio-ethanol refineries, fertilisers, and gas compression stations. From LNG re-gasification to onshore oil processing units, utilities, and offsite facilities, we provide expertise in clean energy solutions and beyond.
Read MoreTransportation
Our transportation segment spans a wide range of projects, including airports, expressways, highways, railway corridors, metros (both elevated and underground), bridges, tunnels, inland waterways, and ports.
Read MoreSpace & Nuclear
We have a significant presence in India’s space and nuclear industry, collaborating with renowned organisations like the Indian Space Research Organisation (ISRO), Bhabha Atomic Research Centre (BARC), and Nuclear Power Corporation of India Limited (NPCIL).
Read MoreMetals & Minerals
Tata Projects stands out in the metal industry, offering comprehensive solutions across the iron and steel production chain. We are recognised for our capability to deliver complete projects, such as ore beneficiation plants, sinter plants, pellet plants, coke oven batteries, blast furnaces, steel melting shops, casters, and rolling mills, utilising cutting-edge technologies and customised execution methodologies.
Read MorePower
We offer a comprehensive range of services in the power sector, including power generation, transmission, last-mile distribution, pump storage solutions, smart grid solutions, and inspections. We specialise in gas-based combined cycle power plants and the balance of plants on an EPC basis for supercritical and subcritical coal-based power plants.
Read MoreAdvanced Technology Facilities
Tata Projects stands at the forefront of delivering integrated turnkey solutions for Advanced Technology Facilities in India, encompassing a diverse range of establishments such as data centres, advanced manufacturing units, and life sciences facilities adhering to GMP / FDA standards. We leverage our EPC expertise to ensure seamless project delivery, from conception to completion.
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Business Model
Creating Sustainable Value
At the heart of our business strategy lies the commitment to create and deliver sustained value for all stakeholders. We strive to enhance value across all relevant capitals of our business, ensuring that each stakeholder derives meaningful benefits from our initiatives.
Key revenue & income streams
EPC projects delivered through various contractual modalities including LSTK, Item Rate, Cost-Plus, Open Book, GMP arrangements
Key Customers
- Govt Agencies - MMRDA, CMRL, NTPC, NPCIL, IOCL; Tata Group; Private companies like JSW, Micron, Amazon, and DLF
- We are strategically shifting away from government entities towards Private Enterprises including Tata Group Companies.
Revenue Drivers
- New Project acquisition
- Timeliness in execution / cost consumption
- Timely EoT and claims
Profitability Drivers
- Value Enhancement & Optimisation
- Operational Excellence with focus on Safety, Quality, Cost, and Delivery
- Efficient Procurement Practices
- Technology Adoption
- Shift in customer focus from L1 seeking government entities to private companies
- Risk & Opportunity Management
Social and Relationship
Capital
Connecting People: Fostering Collaboration and Partnerships
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