RPG Transmission bags order from PGCIL
Mumbai, Mar 28: RPG Transmission (RPGT) has received a new order worth Rs 119 crore from Power Grid Corporation of India Ltd (PGCIL) for a transmission project funded by Asian Development Bank (ADB).
With this order, the current order book position of the company stands at around Rs 430 crore, it informed the Bombay Stock Exchange (BSE) today.
RPGT is a part of the Rs 8,450 crore RPG Enterprises.
The company's scope of work includes supply and construction of 35 km long 400 kv multi-circuit transmission line from Tenakasi to Edamon in Kerala.
The line passes through the hilly and rocky regions of Tamilnadu and Kerala.
The line, which involves two circuits of 400 kv Quad Bundle conductors on the same tower, is a first for the country and is scheduled to be completed by March, 2008.
RPGT is already executing various orders for Power Grid, CSEB and RRVPNL.
In the international market, the company is engaged in constructing a 132 kv line in Nigeria.
It is also engaged in railway electrification and telecommunication tower projects.
''RPGT has shown a strong growth in revenues and order inflows in the current year. These new orders are a reaffirmation of the capabilities of RPGT to undertake large-scale EPC projects in power transmission,'' company's Executive Director Ajit Singh Chouhan said.