Areva T&D India, an arm of French power equipment maker Areva, today said it has bagged an order worth about Rs 1,200 crore from domestic steel major Jindal Steel & Power Ltd (JSPL) for a power project.

The company has been awarded this contract for a 400/220 kV substation and power transformers for the steel maker's green field integrated steel project at Angul in Orissa, Areva T&D India said in a filing to the Bombay Stock Exchange.

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The project is scheduled to be completed by December 2010, the company said.

Shares of Areva T&D India were trading at Rs 335, up 2.34 per cent in the afternoon trade on the BSE.

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