Salasar Techno Engineering gets Rs 143 cr EPC contract from Nepal govt

The project received from Nepal Electricity Authority (NEA) will come up in Dang, Rukum East and Baitadi districts of the neighbouring nation

On April 16, as evening peak time approached, the cost of electricity at the exchange climbed up to Rs 10.31 per unit by 4 pm

Press Trust of India New Delhi
Homegrown Salasar Techno Engineering Ltd (STEL) on Wednesday said it has secured a Rs 143 crore contract from the Nepal government.
"The order is for procurement of materials, associated accessories and necessary installation services including design and commissioning of 33/11 KV substations and 33 KV, 11 KV, 400 V lines and distribution systems networks," the steel structurals maker said in regulatory filing.
The project received from Nepal Electricity Authority (NEA) will come up in Dang, Rukum East and Baitadi districts of the neighbouring nation, it said.
The work is to be completed over the next 24 months.
Shashank Agarwal, STEL Management team, said this is the first ever EPC (engineering, procurement and construction) order the company has received out of India.
STEL will continue to explore more such business opportunities in Nepal and other countries to expand its global presence.
New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players besides manufacturing of steel structurals.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 18 2023 | 2:44 PM IST

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