A2Z Infra wins $13.56 mn electricity contract from Nepal

A2Z Infra Engineering today said it has won a USD 13.56 million (around Rs 90 crore) contract from Nepal government for expansion of electricity distribution network.

A contract has been awarded from Nepal Electricity Authority, a Nepal government undertaking on June 10, A2Z Infra said in a BSE filing.

The contract is for expansion of distribution network in the Western Region of Nepal, it said.

The award has been made for a "contract price aggregating to USD 1,35,63,420.77," the company said.

The award was given on the basis of a global tender, it added.

Shares of the company closed 1.59 per cent down at Rs 30.95 on BSE.