Business Review
Business Review
A PROJECT
Yard Fabrication
• TCE carried out Design and Engineering
of this offshore fabrication yard for deck &
jacket assembly.
• The platforms are installed in the sea for
offshore oil exploration activity.
• Spread over 200 acres, this is the biggest
facility in the Middle East.
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Delivering Aspirations | Achieving Scale
12%
CAGR growth in 3 years
38%
Contribution to Order Book
34%
Contribution to Revenue
Infrastructure
Business Review
• Water
• Sustainable Infrastructure
• Urban Development
• Buildings
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21st Annual Report 2019-20
14
Smart Cities as Lead Consultants
50
AMRUT Cities as Lead
2Smart Port Cities
Consultant
• Managing environment improvement projects • Market leader in the Smart City development
such as heritage conservation, rainwater initiative.
harvesting, pollution control, biodiversity • One of the top three infrastructure consulting
conservation, green building solutions companies in India.
Built environment: • Bagged Agra Metro Rail project.
• Building a city within a city with complete
planning, design and commissioning
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Delivering Aspirations | Achieving Scale
Key Trends Shaping the Industry: • As the population growth surges forward, hand
in hand with urbanisation and industrialisation,
• With increasing focus of the government on the more efficient transportation services are in high
need for infrastructure, the public sector has demand, particularly mass commuting services
begun to reassert its role and is aggressively both within and between cities.
pursuing the enhancement of this sector.
• Urban rail services (metro/mono), high-speed
• With continued focus on Urbanisation, SMART rail and super-fast hyperloop train technologies,
Cities, AMRUT cities, it is expected that many as well as fossil fuels alternatives to power
more such cities and related infrstructure will be transportation, are areas of opportunities.
launched in the coming years.
The infrastructure sector will continue to evolve,
• With sustainability becoming more relevant and integrating various industries, rather than simply
awareness about global warming and climate focusing on installation and services. To stay relevant
change increasing, the need for sustainable amid a rapidly changing world, TCE will leverage its
infrastructure both new and upgrade of existing is innovation excellence and project expertise to scale
also an increasing trend. new heights and establish enduring relationships.
• Due to extreme weather events and high level of Going forward, TCE will participate in the urban
water stress, there is a growing demand around rejuvenation programme; reinforce the water
identifying alternate water sources, efficient management vertical, expand presence in metro rail
distribution of quality water in towns and cities. services, ports, river interlinkages and transportation;
• The degree of privatisation in the water industry and explore partnership / collaboration opportunities
will expand, with a wide range of opportunities, for high- speed rail networks.
for smart water management, alternative water
sources (desalinisation) market and water reuse/
recycling, along with irrigation and rivers.
A PROJECT
Water Supply Facilities to 110 Villages in
Karnataka:
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Delivering Aspirations | Achieving Scale
33%
Growth over previous year
28%
Contribution to Order Book
26%
Contribution to Revenue
Power
Business Review
• Renewable
• Hydro
• Nuclear
• Thermal
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21st Annual Report 2019-20
120 GW+
Thermal & Combined Cycle
37 GW+
Renewable and Large Hydro
7 GW+
Nuclear Power Plants
Power Plants Power Plants
• Proven our mettle in the Power sector and have till • Renewable Power: Hydro, Solar, wind, biomass,
date contributed to the generation of about 164 hybrid, battery energy storage and waste-to-
GW+ of power generation. energy.
• Capabilities in all forms of renewable power - • Hydro Power: Large Hydro, Pumped Storage
roof top solar, floating solar, to CSP and large Projects, Renovation and Modernisation, and Dam
ground mounted mega solar projects, onshore Rehabilitation
and offshore wind, energy storage and hybrid
plants, and waste to energy through gasification, • Nuclear Power: Power generation, fuel
combustion and incineration technologies fabrication, fuel reprocessing, waste disposal.
• Market leader in Nuclear power plant engineering • Thermal Power: Coal, gas, captive and
with more than 85% market share in India. cogeneration.
• One of the few empanelled consultants by Central • Opex Services: Plant renovation, modernisation
Energy Regulatory Commission (CERC). and performance improvement projects and
various Industry 4.0 solutions in existing facilities.
• Provide comprehensive solutions to meet
Environmental & emission/pollution norms and • T&D: Transmission lines, substation, distribution
Plant/Energy efficiency improvement. and system studies.
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Delivering Aspirations | Achieving Scale
Key Trends Shaping the Industry: • Transmission and distribution infrastructure upgrades
in India receiving due attention. Higher investments
• Sustainable Development Goals are driving Energy expected in transmission infrastructure, HVDC and
Transition across sectors with a focus on clean and FACTS, smart grids, distribution automation, load
green energy. Renewable growth focus across forecasting, microgrids, WAMS etc. The Asia Pacific and
geographies. Floating solar, hybrid solar and wind with MENA regions offer international opportunities.
energy storage opportunities being realised. Energy
neutral infrastructure, waste to energy and offshore • Government of India intends to reduce AT&C losses
wind expected to emerge in coming years in India. through privatisation of DISCOMs. Open access
in distribution, regular tariff revisions, extensive
• Flexibilisation of thermal plants, Tariff based smart metering, services on digital platforms, direct
competitive bidding for Round the Clock (RTC) power beneficiary transfer mechanisms to bring in much relief
with Variable Renewable Energy (VRE) bundled with and improve the efficiency of the distribution sector.
underutilised thermal plants along with Green Term
Ahead Market that allows renewable buyers and sellers • Distribution system enhancement will bring in new
to trade without PPAs will govern the dynamics of players in DISCOMs as well as new opportunities
power industry going forward. in the areas of due diligence, AT&C loss reduction,
infrastructure upgrades, energy storage, smart grids,
• Nuclear sector upbeat with ten units of 700MW PHWRs smart meters and grid automation.
in fleet mode along with bulk imported reactors based
on LWR and EPR technologies set to realise soon. Kaiga • OEMs and EPCs focus on standardisation,
2x700MW Unit 5&6 tender expected in 2020. Seismic modularisation and reuse to gain competitive
Margin Assessments for existing plants offer opex advantage and reduce time to market.
opportunities. Overseas opportunities with ITER, • In response to the emerging trends, TCE is stepping
Korean and European majors offer international growth up its core service offerings in the Power business,
unexplored thus far. reinforcing its strengths and judiciously pursuing the
• Hydro plants up to 25MW capacity are considered opportunities presented by Energy Transition and the
as renewables and are eligible for similar benefits. Industry 4.0 revolution.
Pumped Storage Schemes (PSPs) receiving huge • Power Business is focusing on digitalisation, IIOT
attention due to simplicity, flexibility and quick solutions and opex services for plant upgrades and
turnaround to replace VRE. Dam Rehabilitation Phase asset lifecycle management. Focus areas for Point
II and III for improvement of 700 dams with a budget of solutions include monitoring and performance
10,000cr planned to be completed in this decade. optimisation of boilers, condensers, critical pumps and
• No new utility-scale thermal plants expected and focus other equipment, plant chemistry, coal inventory, the
in the sector is on flexible power and environmental health of switchgear and transformers, solar power
upgrades. New build opportunities are emerging in forecasting, etc. Capacity building initiatives on data
CIS countries as well as in Asia Pacific regions. sciences, machine learning, and artificial intelligence
are in progress.
A PROJECT
International Thermonuclear Experimental Reactor
(ITER)
ITER nuclear fusion research and engineering
megaproject is the world’s largest magnetic
confinement plasma physics experiment. TCE has
been involved in the project since inception.
We provided the detailed engineering of the Cooling
Water System for the project and were a part of the
conceptual and preliminary design phases which
formed the foundation for the final design.
Currently, our 50+ engineers from different
specialisation are working at the site to help
ITER deliver the Engineering Work Packages to
the Construction Team for Erection. We are also
supporting ITER through offshore projects being
executed by the delivery teams in India
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21st Annual Report 2019-20
A PROJECT
Coke Dry Quenching Plant
TCE masterminded the complete project cycle from concept
to commissioning of the Coke Dry Quenching (CDQ) plant
for Coke Oven Batteries 10 & 11 of Tata Steel at Jamshedpur.
The CDQ plant was mandatory to meet environmental
norms to operate the coke oven. The plant is designed with
Best Available Technology (BAT) from globally renowned
suppliers and contractors and is able to reduce coke dust
emission, eliminate the wastage of water as steam in the
wet quenching process and use 80% of the sensible heat
of the circulating cooling gas to generate steam in waste
heat recovery boilers for use in other processes and power
generation.
TCE also carried steam dynamics study for boosting the
power generation capacity by 10MW using additional
steam from existing CDQ plant through PRV based cascade
control with steam from the new boilers, resulting in
considerable value addition to the project viability and
environment. The plant retrofits into the confined space
of the existing plant using various innovative schemes
for enabling works to create working space above and
below ground. The engineering was carried out through
extensive use of smart engineering tools like 3D integrated
approach with a common digital model of the entire plant
by merging the engineering output from various global
suppliers/ contractors to create a seamless product for
safe and time bound execution. Use of 4D construction
simulation helped in meeting the challenges of execution
in deep brownfield conditions by proper sequencing of
activities and support logistics.
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Delivering Aspirations | Achieving Scale
16%
CAGR growth in 3 years
34%
Contribution to Order Book
40%
Contribution to Revenue
Resources
Business Review
• Speciality Chemicals
• Material Handling
The Resources business has two sub-sectors namely: Hydrocarbons & Chemicals and Mining
& Metallurgy.
21%
MMBU Contribution to Revenue
19%
HCBU Contribution to Revenue
Hydrocarbon and Chemicals for manufacturing liquid fuel and Chemicals using
Coal Gasification Technology. This will help in reducing
Areas of expertise
country’s Crude Import bill.
Under this sector, TCE provides comprehensive EPCM
India’s refining capacity is planned to increase from
services to clients in the fields of:
230 MMTPA to 440 MMTPA by 2030. All the refineries
• Oil, Gas and Refineries are now integrated with downstream petrochemical
• Petrochemicals complexes to improve ROI and also to cater to
the increasing demands of plastic polymers in the
• Fertilizers domestic market. Apart from the CAPEX projects
• Chemicals & Specialty Chemicals in the domestic market, we expect to have good
opportunities in the global market for the following
• Food & Pharmaceuticals
types of projects, to meet the need of sustainability
• Glass, Cement and Allied Industries and tighter emission controls:
• Plant upgrades, automation and revamps
Key Trends Shaping the Industry • Asset integrity management
This sector envisages growth opportunities in the
• Energy Optimisation Studies
Indian markets fueled by higher consumption
associated with rising standards of living and • Efficiency improvement & debottlenecking
rapid urbanisation. Growing realisation about the We see opportunities in bio ethanol and bio CNG
risk associated with the large concentration of investments in India.
Chemicals manufacturing in one country, will present
opportunities as many large MNCs may plan to de-risk The sector is well poised to leverage these
by diversifying their expansion locations. opportunities with a healthy mix of domestic and
international clients. This strategy is expected to help
Large investments are planned in the refinery sector, the sector maintain its growth momentum in the
petrochemicals, LNG regasification terminals and coming years. FY 2019-20 saw the strengthening of
specialty chemical sectors. TCE’s relationships with marquee clients and more
The Government of India aims to increase the share such long-term engagements are in the pipeline.
of natural gas in the country’s energy mix from 6% to
15% by 2030. Government also has plans for creating
National Gas Grid which will require installation of
additional Gas Pipeline Infrastructure.
There is a thrust to utilise indigenously available Coal
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Delivering Aspirations | Achieving Scale
A PROJECT
3D Modeling of Critical Utility System
Revamping of the Blast Furnace was planned by the plant
owner, but new engineering was hindered by lack of “As-
Built” information of the major parts and components of
the Blast Furnace. TCE carried out this assignment for the
critical utility systems to create the digital asset through 3D
laser scanning and subsequent allocation of appropriate
specifications for the various utility pipes from existing
documents.
The final engineered 3D model was further used for
extracting isometrics & other 2D drawings and has become
a part of the digital asset of the plant which can be
integrated with other parts being developed.
Developed intelligent 3D model has been used for further
engineering and modification / replacement of pipe in the
required location without clashing with existing, to avoid
interdisciplinary clashes, proper engineering and planning
for adjacent facilities such as changing of Bustle Main Pipe,
changing of cooling water return gutters etc., and creating
cost savings by allowing as-built design services
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21st Annual Report 2019-20
A PROJECT
Construction Supervision of
Hydrogenetion Plant
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Delivering Aspirations | Achieving Scale
Project
Management
Business Review
• Project Management
• Engineering Review
• Construction Management/Supervision
• Program Management
• Interface Management
• Specialised Services
• Outage Management
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21st Annual Report 2019-20
From the simplest of projects to the most complex such as extensive nuclear energy facilities,
we have proved our might as the country’s top-notch PMC service providers. We have diverse
capabilities endorsed with high ethical practices and international standards in safety and
quality.
130+
Sites in India and Overseas
990
Engineers on Site
Investments and growth across key sectors where TCE has invested heavily in digital engineering tools
TCE is present in, such as, infrastructure, minerals and to serve the requirements of clients adopting Industry
metallurgy, chemicals and hydrocarbons, and power, 4.0 technologies. Construction management services
promises growth opportunities for the PMBU. Each can provide tremendous value additions and cost
of these sectors are integral to the nation’s economic efficiencies through digitalisation. TCE’s focus will
progress and TCE’s PMBU a lead player in India is well be on digitalisation using 3D-5D technologies. This
positioned to leverage its competitive strengths will help critical decision-making in a simulated
environment and increase construction efficiencies.
With Government’s focus on Metros, High-Speed Rails,
Smart Cities, Water for all by 2022-23, Investments With 130+ Sites in India and overseas TCE continues
in logistics and manufacturing shifting base to India to adopt new technologies and work with partners to
will provide good project management avenues. The leverage capabilities and provide value to customers.
power sector is also projected to increase the installed Moving in this direction, smart construction
capacity from 346 to 619 GW by 2025 requiring management practices combining digital tools and
Transmission lines /smart grids to the tune of150,000 engineering expertise is the unique value proposition
KM another area of strength for TCE. that TCE has to offer its customers.
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Delivering Aspirations | Achieving Scale
A PROJECT
Regional Office of one of India’s Largest IT
Companies
At TCE, we promote the use of smart project The app also allows digital collaboration through
management applications that help reduce paper electronic reviews, comments, approvals, RFI’s,
work and provide live dashboards. correspondences and transmittals and ensures better
visibility through real-time dashboard and reports.
The TCE SmartSITE™ App helps manage and track
engineering drawings and documents across their We also use Suraksha App for daily tracking of site
lifecycle. It brings all stakeholders together on the safety indicators and encourage use of drones and
same platform, having built-in quality management fixed point photography to reduce the need for
processes and provides the most up-to-date manual inspection.
information with complete traceability.
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21st Annual Report 2019-20
A PROJECT
Intelligent 3D Model
• The site was converted from scans of old drawing and some site photographs.
• The model was successful completed by integrating available information with google maps to get
the most accurate and latest information about the location.
• This model was completed in Revit 2019.
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Delivering Aspirations | Achieving Scale
Digital &
Advanced
Technology
Business Review
• Intelligent P&ID
• BIM
• Asset Digitisation
• Digital Handover
• Special Projects
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21st Annual Report 2019-20
Multi-dimensional digital engineering suites are now prevalent for integrated plant design,
buildings, urban planning and complex infrastructure projects such as Nuclear Plants, Power
Plants, Chemical Plants, Water Distribution Systems, Waste Management Systems, Towns,
Hospitals, Buildings and Smart Cities.
110%
Growth over last year
71
Employees
400 Seater
Accelerated Delivery Centre
A PROJECT
Development of intelligent
3D model for offshore
platforms
• Developed Intelligent
model was checked
against markup
Isometrics and P&ID for
assigning Tags (Valves,
Special items and
Instruments) and Spec
break.
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Delivering Aspirations | Achieving Scale
Key Trends Shaping the Industry: • Digital engineering and digital tools: Creation
and management of assets using digital tools,
• Digital Adoption in Industry will only further together with the interfacing and collaboration of
Accelerate: In the ever-changing business physical and digital assets. Building Information
environment, most industrial and infrastructure Modelling (BIM) is expected to gain ground,
business are increasingly realising the need for as a reliable, shared knowledge resource for
Digital Transformation to manage their businesses information and decision-making.
better. This trend will accelerate post COVID19
with companies ramping up investments in digital In line with the key trends, we plan to strengthen our
in the medium to long term with ‘low touch’ business on Industry 4.0, FEA and BIM. We also aim to
technologies being the first to be adopted. grow our asset digitisation business and are focused
on building an internal centre of excellence for digital
• The market is now moving from ‘Pilots’ to engineering.
‘Full-scale Deployments’: Many PSUs and large
private industrial players are beginning to release In the process, TCE will also focus on building the
formal RFQs of substantial value for a wide range partner ecosystem with software OEMs, hardware
of requirements such as digital handover, asset firms, analytics solutions providers and other
digitisation, APM, digital workforce etc. outsourcing partners. We have already entered into
Laser Scanning and 3D Modelling for Private sector
• Need for ‘Established Technologies’ and Strong and have secured several Digital Handover projects.
‘Digital Partner’: While the initial few years saw We also achieved competency and maturity for Digital
a much-needed explosion in terms of startups Asset Information Management for a large PSU.
and self-innovation, the market is understandably
converging towards established technologies with TCE plans further to expand product engineering
demonstrable experience and long term support service offering for defence and space and help with
setups. the government of India’s localisation mission.
A PROJECT
Indian Space Research
Organisation (ISRO)
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21st Annual Report 2019-20
A PROJECT
Heritage Site:
• Ecofirst was appointed to incorporate sustainability measures
across the entire museum as a part of their green refurbishment,
taking under consideration, the historic and culturally rich heritage
structure.
• The completed project is IGBC Existing Building O&M Platinum
Rated creating a mark in the heritage buildings renovations in
Mumbai.
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Delivering Aspirations | Achieving Scale
Ecofirst
Sunsidiary Review
Sustainable Engineeronomics
• Building Engineering (MEP)
• Land Development & Wet Infrastructure
• BIM 7D
Sustainability Services
• Design Enhancement
• Sustainability Audits
• Green Building Certification
Program Management
• Project Management
• Construction Management
• Procurement & Cost Control
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21st Annual Report 2019-20
At Ecofirst, we provide comprehensive and wholistic Integrated Design solutions across the
project lifecycle. Sustainable by Design is our supreme motto. Sustainability for us is not only
about taking care of environment and social concerns but also to meet financial goals of
capital and operational excellence, reflecting through our design philosophy.
25%
Growth in last 5 years
60+
Employees
370+
Projects Completed
A PROJECT
Large Residential Complex:
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Delivering Aspirations | Achieving Scale
• With increasing awareness about the need for • Successful completion of iconic Bombay House
sustainable living, increasing trends are visible renovation established Ecofirst as a leading player
for demand in sustainable designs and buildings. in heritage buildings restoration and renovation.
Both public and private players are increasingly
• Successfully start of sustainable and integrated
looking for solutions to coexist with nature.
Sports Complex consulting with a mega-sports
• The digital revolution is also visible with growing complex project.
impetus on digital modelling and Building
• Working with major brands to provide sustainable,
Information Modelling (BIM) requirements to
integrated warehousing solutions.
intelligently manage built spaces.
• Several Sustainable Integrated Designs (SID)
• Preserving heritage structures and making them
projects are under delivery - IT parks, Hospitals,
modern and functional is another increasing trend
residential complexes and mixed-use townships.
and requires specialised partners like ecofirst.
• Signed an MOU with a leading international player
In line with the market trends, Ecofirst is gearing up
offering sustainable technology implementation
to provide sustainable solutions and is continuously
support program pan India.
updating its portfolio with the changes in the
environment. • Delivered two niche projects on Vertical
Transportation Modelling and multiple projects
The subsidiary has proven its mettle with flawless
on climate change adaptations (flood modellings
execution and delivery of several mega projects
solutions)
and has achieved platinum & gold certifications to
establish itself as a leading player in sustainable • Working on a growing number of projects with
solutions space. international partners in the US, UK and Bhutan.
A PROJECT
Flood Risk Assessment:
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