Home Economy KEC bags Rs.1.11 bn power grid contract

KEC bags Rs.1.11 bn power grid contract

By IANS,

Mumbai : Power transmission major KEC International Ltd has bagged a Rs.1.11 billion ($27.75 million) contract from the Power Grid Corp of India.

The project entails supply and construction of 400 KV transmission powerlines on turnkey basis, the company announced here Tuesday.

“The total length of the lines is 160 km. They will be passing through Jharkhand, Bihar and West Bengal,” a KEC spokesperson told IANS.

The project envisages the construction of supply towers, line materials, erection and commissioning of transmission lines.

These transmission lines comprise “400 KV Biharsharif-Koderma, 400 KV Maithon (RB) to Maithon (PG) and Lilo of 400 KV Jamshedpur-Maithon at Majia. The lines are associated with the transmission system for start-up power to DVC and Maithon Right Bank Generation Projects”.

Commenting on winning the project, KEC managing director and CEO Ramesh Chandak said: “The awarding by Power Grid Corp of India indicates that we are bouncing back in the Indian sector.”