Salasar Techno secures construction orders worth Rs48cr from Rajasthan Rajya Vidyut Prasaran Nigam

The orders worth Rs20cr & Rs27.4cr for the construction of about 51 Transmission lines in Rajasthan.

Apr 28, 2021 03:04 IST India Infoline News Service

Salasar Techno Engineering Limited – India-based multi-conglomerate in Engineering and Infrastructure industry has recently secured new orders from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the construction of 51+75 km Transmission lines in the state.

The newly secured orders worth Rs20cr and Rs27.4cr.  As part of the contract, Salasar Techno will be responsible for the construction of 220KV & 132KV Transmission lines in Rajasthan.

Delighted on receiving the orders, Shashank Agarwal, Managing Director of Salasar Techno Engineering Limited said, “Rajasthan is engaging with the country’s agenda of strengthening transmission system.

The construction of new transmission lines in the state makes us a significant contributor to the national agenda for facilitating integrated and development infrastructure for overall growth. Furthermore, we consider the new orders will help us strengthen the market presence in the region.”

The orders also include Salasar Techno to supply all equipment’s/materials, erection (including civil work), testing, and commissioning on supply & ETC basis. The execution of the project commenced from 20th April’21.

Furthermore, the project will be executed in accordance with the guidelines of Rajasthan Rajya Vidyut Prasaran Nigam.

Salasar Techno Engineering ended at Rs476.20 apiece up by Rs13.95 or 3.02% from its previous closing of Rs462.25 apiece on the BSE.

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