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Techno Electric sizzles on bagging orders

28 Nov 2022 , 01:18 PM

The order includes setting up 2.5 lakh smart meters in Jammu & Kashmir on design build finance own operate transfer (DBFOOT) basis worth Rs 338 crore from REC power development and consultancy (RECPDCL). Further, the company also bagged GOA Tamanar Transmission Project worth Rs 126 crore and Tripura State Electricity Corporation transmission project worth Rs 230 crore. Techno Electric & Engineering provides engineering, procurement and construction servicesto the three segments of power sector including generation, transmission and distribution. The companys consolidated net profit declined 9.3% to Rs 58.81 crore on 16.6% decrease in net sales of Rs 228.03 crore in Q2 FY23 over Q2 FY22. Powered by Capital Market – Live News

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