Skipper wins Rs 524 crore PGCIL Kolkata project

Skipper Ltd has acquired a Rs 524 crore project from Power Grid Corporation of India Limited (PGCIL) Kolkata for supply and installation of 190 km transmission line from Fatehgarh to Bhadla in Rajasthan.

The Kolkata-based company, which claims to be one of the world’s leading manufacturers of power transmission & distribution structures, bagged the project through a tariff-based competitive bidding conducted by Power Finance Corporation for Green Energy Corridor projects.

It would be manufacturing and installing a 765kV, 190 km Hexa Zebra Conductor Transmission Line from Fatehgarh to Bhadla.

“We have the manufacturing and execution capabilities to deliver under stringent schedules while conforming to global standards. The domestic transmission and distribution market has seen muted ordering for the past 18 months. However, now with the bids being finalized for the Green energy corridors, we are optimistic for better order inflows in the months to come,” said Sharan Bansal, director, Skipper Ltd.

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Research Desk

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