RPP Infra Projects has bagged order from Sumitomo Electric Industries by sub-contracting a portion of the project - Setting up +/- 320KV, 2x1000MW VSC base HVDC Terminals and DC XLPE Cable system between Pugalur and North Trichur associated with HVDC Bipole link between western region (Raigarah, Chhattisgarh) and Southern region (Pugalur, Tamilnadu - North Trichur, Kerala).
Scope of the work include construction of concrete duct bank and supply of all necessary items including HDPE pipes for 13.50 Km from Vadakkancherry for worth of Rs 38.90 crore. The said work is to be completed within 18 Months.
Shares of the company gained Rs 5.15, or 1.96%, to settle at Rs 267.55. The total volume of shares traded was 38,867 at the BSE (Thursday).