Asian Electronics bags turnkey order of Rs 53 cr

Mumbai, June 2: Asian Electronics has bagged an order worth Rs 53 crore from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) on turnkey basis.

Informing BSE, the company said the order to it envisages Supply, Construction, Erection, Testing and Commissioning of Transmission and Distribution Lines besides distribution transformers on 'Turnkey basis' under Gaothan Feeder Separation Scheme for Aurangabad Zone.

This Feeder Separation Scheme is designed by MSEDCL for 'fast-track' improvements in electricity supply to villages and to reduce the enforced prolonged 'power cuts' prevalent currently.

UNI