Technocraft Ventures Limited Bags ₹148.7 Cr WATCO Bhubaneswar Underground S/S EPC Contract for Khordha, Odisha
Contract Awarded Key Takeaways
- ✓ Technocraft Ventures Limited awarded ₹148.7 Cr EPC contract by WATCO Bhubaneswar.
- ✓ Project covers underground S/S construction for Town Planning Schemes in Khordha, Odisha.
- ✓ 27 bidders participated; 22 were technically qualified.
- ✓ Universal MEP Projects & Engineering Services Limited and EAST INDIA UDYOG LIMITED ranked L2 and L3.
- ✓ Operation and Maintenance included for five years post-construction.
- ✓ Award announced on 3 July 2026 via EPROCURE platform.
Technocraft Ventures Limited has been awarded the ₹148.7 crore EPC contract by WATCO Bhubaneswar for constructing underground S/S for Town Planning Schemes in Khordha, Odisha. The project includes five years of operation and maintenance, with 27 bidders vying for the prestigious contract.
In a significant boost to Odisha's water infrastructure, Technocraft Ventures Limited has secured the ₹148.7 crore contract from WATCO Bhubaneswar for the construction of underground S/S systems in Khordha. The project, awarded on 3 July 2026, aims to enhance water supply and management under the Town Planning Schemes (T.P.1, 2, and 3) within the jurisdiction of the Bhubaneswar Development Authority (BDA).
The competitive tender, floated on the EPROCURE platform, attracted 27 bidders from across the country, with 22 firms making it through the technical qualification stage. Technocraft Ventures Limited emerged as the L1 bidder with a matching quote to the project value, ultimately clinching the contract.
The Award
Technocraft Ventures Limited has been formally awarded the contract by WATCO Bhubaneswar for the construction of underground S/S for Town Planning Schemes in Khordha, Odisha, on an Engineering, Procurement, and Construction (EPC) basis, including five years of operation and maintenance. The contract is valued at ₹148.7 crore, with Technocraft Ventures Limited's bid matching the estimated project value.
Bidders (27)
About the Project
- Project involves construction of underground S/S for Town Planning Schemes (T.P.1, 2, and 3) under BDA jurisdiction.
- Executed on an Engineering, Procurement, and Construction (EPC) contract model.
- Includes operation and maintenance for a period of five years post-completion.
- Located in Khordha, Odisha, addressing urban water infrastructure needs.
- Procurement managed by WATCO Bhubaneswar through the EPROCURE platform.
Why It Matters
This award marks a major step forward for Khordha's urban water infrastructure, promising improved supply and management for rapidly developing town planning zones under BDA.
With Technocraft Ventures Limited at the helm, Khordha is set to benefit from a modernised underground water system. The project underscores WATCO Bhubaneswar's commitment to upgrading essential civic infrastructure through competitive and transparent procurement.
