Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
25 April, 2024 21:24 IST
Alstom T&D bags order worth Rs 1.51 bn
Source: IRIS | 16 Dec, 2014, 02.45PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Alstom T&D India has secured an order worth Rs 1.51 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply a 400/220 kV substation in Bhadla, and expand the existing 400/220 kV substation in Bikaner, both situated in the state of Rajasthan.

The new 400 kV grid substation in Bhadla will help evacuate power from the Bhadla solar park and other upcoming solar parks in the area, while the expansion of the 400/220 kV substation at Bikaner will facilitate the exchange of solar power generation with the national grid. 

Alstom T&D India will design, engineer, manufacture, install and commission the Bhadla 400/220 kV substation, including twenty 400 kV bays and seventeen 220kV bays. The Bikaner expansion project includes the supply of eight 400 kV bays, transformers, circuit breakers, control and protection relays and substation automation system. All equipment will be manufactured and supplied from Alstom T&D India’s manufacturing facilities in India.  

Rathin Basu, managing director, Alstom T&D India said, ''Clean renewable energy sources are imperative for a sustainable future. Recent years have witnessed a shift in the energy mix of the country and clean power has never been more important. Alstom is pleased to offer its leading and advanced solutions to strengthen the Rajasthan transmission network and ensure efficient, reliable and safe evacuation of clean power. We have delivered successful projects for RRVPNL in the past and we aim to continue to do so in future.''

Shares of the company declined Rs 24.6, or 5.53%, to trade at Rs 420.25. The total volume of shares traded was 24,762 at the BSE (2.34 p.m., Tuesday).

 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer