Alstom T&D India wins contract worth EUR 35 mn
03/07/2014 15:40
Power generation, transmission and rail infrastructure leader Alstom T & D India Ltd on Thursday said it has been awarded a contract of EUR 35 million (INR 277 million) from Himachal Pradesh Power Transmission Corporation Limited (HPPTCL) for supply of a 66 kV gas-insulated substation (GIS) in Urni, Himachal Pradesh. Further, the project aims to transmit power from new generation sources into the Kinnaur district of HP, paving the way towards harnessing 23,000 MW of hydro power potential in the state, the company said in a statement. The company will perform all the activities related to design, engineering, manufacture, supply, testing, and commissioning of the project, it said. In a filing to the Bombay Stock Exchange, the company informed, “Alstom T&D India to help harness hydropower potential of Himachal Pradesh.” Commenting on the development, Alstom T&D India, Managing Director, Rathin Basu said, “This second GIS contract with HPPTCL, following the one awarded in 2013, confirms HPPTCL’s confidence in Alstom’s industrial expertise. Alstom has been localising GIS manufacturing activity in India since 2009 in Padappai near Chennai, and currently leads the GIS market in India. To date, Alstom has supplied approximately 700 GIS bays in the country, covering a range of voltages from 66kV to 400kV.” Meanwhile, shares of the company closed at Rs 337.50 a piece, up 0.28 per cent from previous close on BSE.
03/07/2014 15:40
Power generation, transmission and rail infrastructure leader Alstom T & D India Ltd on Thursday said it has been awarded a contract of EUR 35 million (INR 277 million) from Himachal Pradesh Power Transmission Corporation Limited (HPPTCL) for supply of a 66 kV gas-insulated substation (GIS) in Urni, Himachal Pradesh. Further, the project aims to transmit power from new generation sources into the Kinnaur district of HP, paving the way towards harnessing 23,000 MW of hydro power potential in the state, the company said in a statement. The company will perform all the activities related to design, engineering, manufacture, supply, testing, and commissioning of the project, it said. In a filing to the Bombay Stock Exchange, the company informed, “Alstom T&D India to help harness hydropower potential of Himachal Pradesh.” Commenting on the development, Alstom T&D India, Managing Director, Rathin Basu said, “This second GIS contract with HPPTCL, following the one awarded in 2013, confirms HPPTCL’s confidence in Alstom’s industrial expertise. Alstom has been localising GIS manufacturing activity in India since 2009 in Padappai near Chennai, and currently leads the GIS market in India. To date, Alstom has supplied approximately 700 GIS bays in the country, covering a range of voltages from 66kV to 400kV.” Meanwhile, shares of the company closed at Rs 337.50 a piece, up 0.28 per cent from previous close on BSE.
