BCPL Railway Infra bags order for supply and installation of smart energy meter from WEBEL; Stock ends 8% higher

14 Jan 2022 , 04:30 PM

BCPL Railway Infrastructure Limited stock ends 8% higher at Rs54.70 per piece on Sensex today after the Company secured order for supply and installation of smart energy meter from the West Bengal Electronics Industry Development Corporation Limited (WEBEL).

This order has been received for the work of “SITC of Dual Source Smart Energy Meter BN-4, BN-9, Kalyani (Ph-II) and Rajarhat (Ph-II) IT Park”. The total project cost comprises of Rs10 million.

Commenting on the same, Aparesh Nandi, Chairman said, “We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake for installation of smart energy meter from the West Bengal Electronics Industry Development Corporation Limited.

The value of this order is Rs10 million and we are quite optimistic about the new project that opens up enormous opportunity in near future for similar projects to come on PAN India basis.”

“Intake of this project marks the commencement of the Company’s journey towards making a mark in ‘Digital India’ campaign by setting up smart energy meters at various locations in different IT Parks and connecting them digitally.

The Management and employees of BCPL are confident that they would be able to offer their unparalleled services in the sector in the same way as they have been serving the Railways for more than 3 decades now and have started giving services to Indian Army.”