Alstom T&D today said that it has bagged five contracts worth €37 million (Rs 256 crore approximately) from state-run Power Grid Corporation for pan-India projects.
“In India’s western region, Alstom T&D India won two contracts worth Rs 166 crore for supply, erection, testing and commissioning of 400 kv (kilovolts) substation packages,” the company said in a statement.
The company secured a contract valued at Rs 40 crore for the delivery of transmission equipment for various substations across India, it said.
The statement further added that the other two contracts include supply of equipment for PowerGrid’s Padghe, Aurangabad, Bhiwani and Meerut substations for contract worth Rs 27 crore and for Khandwa, Purnia, Gajuwaka, Baripada and Bhiwani substations for deal worth Rs 23 crore.
These equipment are expected to strengthen the power transmission network in northern and western regions of the country and mitigate the gap between demand and supply of power.
“The selection of Alstom T&D to augment the transmission network in the country demonstrates PowerGrid’s confidence in the strength of our offerings across the entire T&D value chain,” Rathin Basu, Managing Director, Alstom T&D India, said in the statement.