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Techno Electric Secures Orders Worth Rs. 1,750 Crore

Techno Electric & Engineering Company Limited has secured orders totaling Rs. 1,750 crore from various companies. This information was given by Techno Electric in its stock filing dated 29th December 2023.

The company won a Rs. 199 crore order for an Air Insulated Substation (AIS) at Neemrana-ll from Sterlite Power.

PGCIL has awarded Techno Electric a Rs. 223 crore order for a 765/400 KV AIS Substation with a transformative capacity of 2×1500 MVA at Sikar. Additionally, PGCIL awarded another Rs. 288 crore order for a substation package comprising 765/400 KV substation at Dausa and the extension of Beawar substation.

Moreover, Techno Electric has secured an order from REC Power Development and Consultancy Limited (RECPDCL) for installing 7.27 lakh smart meters in Kashmir at an estimated cost of Rs. 1,041 crore. These meters will be installed under a Design, Build, Finance, Own, Operate, and Transfer (DBFOOT) model.