Alstom T&D India bags contracts worth Rs 298 cr in HP
Dec 20 2013 , New Delhi
"Alstom T&D India has been awarded two contracts with a total value of Rs 298.3 crore to supply two gas-insulated substations (GIS) at Wangtoo and Gumma in Himachal Pradesh," an official statement said.
The projects respectively received from Larsen & Toubro (L&T) and HP Power Transmission Corporation Limited (HPPTCL), aim to improve the transmission capacity of HPPTCL for the transport of electricity generated by hydropower sources across the state, the statement.
The scope of the Wangtoo project, worth approximately Rs 155 crore, covers the design, engineering, manufacture, supply, testing, and commissioning of gas-insulated switchgear, power transformers, instrument transformers and substation automation system.
The Gumma project worth Rs 143.3 crore includes design, engineering, manufacture, supply, erection, testing, commissioning and covers civil works of GIS substation on a turnkey basis.
All key equipment for both the projects will be produced by Alstom's manufacturing facilities across India, the statement said.
"With these dual contract wins for HPPTCL, Alstom is pleased to earn the confidence of its customer for the provision of advanced GIS solutions at the Wangtoo and Gumma substations," Rathin Basu, Managing Director, Alstom T&D India, said in the statement.
Shares of Alstom T&D India were trading at Rs 190.70, up 3.42% on the BSE.