- order book soars to Rs 2,200 crores
- ICSA becomes a key player in rural electricity infrastructure
ICSA India Ltd., (BSE: 531524) which provides embedded technology solutions for the power sector, has secured work orders for a total contract value of Rs 464.17 crores from Bihar State Electricity Board, Mahavitaran (Maharastra State Electricity Distribution Co. Ltd) and M.P. Poorv Kshetra Vidyut Vitaran Co. Ltd. ICSA’s total order book position now stands at Rs 2,200 crores.
The Rs 254.21 crore order from Bihar State Electricity Board was for Supply, Installation/ Erection of Rural Electricity Infrastructure and Household Electrification in Katihar District of Bihar on a turnkey basis under Rajiv Gandhi Grameen Vidyutikaran Yojna, to be completed within 18 months.
The second order for Rs 170.17 crore from Mahavitran was for supply, transport, construction, erection, testing and commissioning of sub transmission lines, distribution lines, power transformers, new substations, augmentation of existing substations, distribution transformers of varying capacities and allied works in Nagpur Zone, with completion period of two years.
The third order worth Rs 39.79 crore from M.P. Poorv Kshetra Vidyut Vitaran Co. Ltd. was for supply of material, survey, erection, installation, testing and commissioning of new three phase 11 KV lines, 11/0.4 KV Distribution Transformer substations under Rajiv Gandhi Grameen Vidyutikaran Yojna, to be completed within 18 months.
“A swelling order book position reinforces the company’s capabilities in the transmission and distribution sector. We hope to complete schedules in good time, and be one of the most sought after companies in the Power distribution sector.” said Mr. C. Bala Reddy, CMD, ICSA India Ltd.
ICSA’s solutions for the power sector identify Transmission and Distribution (T&D) losses and monitor power consumption using GSM Network. The Company has made commendable progress in the embedded technology segment of the Power Sector with products like Substation Controllers, Distribution Transformer Controllers, and Automatic Meter Reading Systems.
About ICSA (India) Ltd.
ICSA(India) Ltd is in the business of construction of power transmission lines and substations. The company's product line includes: Intelligent Automatic Reading System, Multiplexer Unit, Distribution Transformer Monitoring System, Substation Controller, Micro Remote Terminal Unit, Theft Detection Devices, and Pole Top RTU.
The company has developed products suitable for power utilities in the field of Energy Management, Energy Audit, and Control applications and provides versatile Data Acquisition Systems using GSM, CDMA, and RF.