Alstom T&D bags 5 contracts worth Rs 256-cr from Power Grid

French firm Alstom's India arm Alstom T&D today said it has bagged five contracts worth 37 million euros (Rs 256 crore approximately) from state-run Power Grid Corporation for pan India projects.

 

"In India's western region, Alstom T&D India won two contracts worth Rs 166 crore for the supply, erection, testing and commissioning of 400 kv (kilovolts) substation packages," the company said in a statement.

 

The company secured a contract valued at Rs 40 crore for the delivery of transmission equipment for various substations across India, it said.

 

The statement further added, the other two contracts include supply of equipment for Power Grid's Padghe, Aurangabad, Bhiwani and Meerut substations for a value of Rs 27 crore equipment for the public sector unit's Khandwa, Purnia, Gajuwaka, Baripada and Bhiwani for Rs 23 crore.

 

These equipment are expected to strengthen the power transmission network in Northern and Western regions of the country and mitigate the gap between demand and supply of power.

 

"The selection of Alstom T&D to augment the transmission network in the country demonstrates Power Grid's confidence in the strength of our offerings across the entire T&D value chain," Rathin Basu, Managing Director, Alstom T&D India said in the statement.