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.

Image Credit : indiablooms.com

Research Desk

Next Post

Innolia Energy to invest Rs 225 crore in solar module, EV products

Wed Sep 11 , 2019
Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric vehicle (EV) products. In a statement, the US-based company said, “Leveraging years of developing advanced technology solutions for companies in the US, Innolia Energy’s manufacturing […]
Innolia Energy

Categories

Blog Stats