Salasar Techno Engineering Ltd. has secured two Letters of Intent (LoIs) for orders collectively worth Rs. 748.46 crore. These orders are from Pashchimanchal Vidyut Vitran Nigam Ltd. (PVVNL), under Revamped Reforms-based and Result-linked Distribution Sector Scheme (RDSS). The company conveyed this information in a stock filing dated 20th December 2022.
The first order is worth Rs. 403.85 crore, for the development of electricity distribution infrastructure in Hapur and Bulandshahar, Uttar Pradesh. Salasar Techno Engineering’s second order, which is worth Rs. 344.61 crore, is for developing electricity distribution infrastructure in Meerut and Baghpat districts of UP.
Scope of work in these orders entails GPS survey, design, supply, installation, Geographic Information System (GIS) asset mapping for the electricity distribution infrastructure, and their subsequent testing and commissioning.