Fedders Lloyd Corporation announced that our domestic power project division has bagged prestigious orders aggregating to Rs 3.90 billion.

The first orders worth Rs 2.96 billion from Chhattisgarh State Power Distribution Company under the Deen Dayal Upadhyay Gramin jyoti Yojna (DDUGJY) for design, engineering, supply, erection, testing and commissioning of 33/11KV Substations, 33 KV bay extensions in various districts of Bilapsur and Durg.

The second order orders worth Rs 5.88 billion awarded to the JV under the name of GDCL-SIL-FLCL (JV) by Rail Vikas Nigatn, wherein the portion of the work assigned to the company is Rs 940.0 million for undertaking the Overhead Electrification and General Electricals work in Varanasi-Madhosingh-Allahabad (120 KM) in Varanasi Division of North Eastern Railway in Uttar Pradesh, India.

Shares of the company declined Rs 2.75, or 3.68%, to trade at Rs 72.00. The total volume of shares traded was 41,341 at the BSE (11.59 a.m., Tuesday).