Toshiba Transmission bags Rs 226 cr contract in Kenya

Image
Press Trust of India New Delhi
Last Updated : Apr 21 2016 | 4:32 AM IST
Toshiba Transmission and Distribution Systems (India) Pvt Ltd today said it has bagged Rs 226 crore contract from Kenya Power and Lighting Company for around 8,000 distribution transformers.
In a statement, TTDI said the 'Made in India', transformers will be from the company's manufacturing facility in Hyderabad."
"The order entails installation of distribution transformers along transmission and substation networks connecting power plants and end-consumers in Nairobi, Mombasa and surrounding regions," it further said.
TTDI will fulfil the order over a period of three years, starting in June 2016.
"The repeat order from KPLC for distribution transformers reinforces our commitment to establish India as a manufacturing base and export hub for African countries and is a testimony to the superior quality products made in India by Toshiba," TTDI Chairman and Managing Director Katsutoshi Toda said.
In September 2015, TTDI had first received an order for about 4,000 distribution transformers from KPLC.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 21 2016 | 4:32 AM IST

Next Story