Sunil Hi-Tech bags MAHADISCOM contracts worth Rs 42.46 crore

Mumbai, Sep 12 (UNI) Sunil Hi-Tech today announced that they have bagged two contracts from Maharashtra Distribution Company (MAHADISCOM), aggregating Rs 42.46 crore.

''Sunil Hi-Tech Engineers has emerged as an aggressive player in the power sector. Targeting even a 5-10 per cent success rate with MAHADISCOM's plan outlay, the impact on both our top and bottom line will be substantial. The orders we have just bagged, show Sunil Hi-Tech has more than enough capability for these projects'', said the company's executive director, Sunil Gutte.

The first MAHADISCOM contract, worth Rs 24.75 core, is for design, testing, supply, transport, construction, erection, testing and commissioning of the 22/11 KV 2X10 MVA substation at three complexes in Mumbai, under the infrastructure work plan: the Raheja Garden at Thane, Eternity Complex also at Thane and Film City at Goregaon, a company release informed.

The other contract from MAHADISCOM is worth Rs 17.71 crore, for strengthening and renovation work of existing 22 KV lines, erection of new 22 KV lines, laying of 22 KV HT underground cable, augmentation of 22/043 KV DTC works at various localities of Dombivali and Ulhasnagar of the Kalyan zone, under the APDRP programme.

The tenure of execution for both projects will be 12 months from the date of work order. Both the projects should commence by the end of October this year, the release added.

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