New Delhi: Jindal Saw Ltd, leading pipes manufacturer, anticipates the urban infrastructure projects contributing a greater share of company''s revenue in the next five years as the country increases spending on infrastructure projects to sustain high level of economic growth. The company has secured a contract from NDWPCL - a joint venture between the Delhi Government and IL&FS - to develop a 16 MW waste-based power plant. The company has outbid 29 firms, including GMR and Tata Power, to bag a contract to set up the capital''s first waste-based power plant. It estimates an investment of around Rs 200 crore in the new venture. Thirty international and domestic firms, including Tata Power, Gammon Infrastructure and GMR, were in race for the contract.
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