Monday, February 12, 2007

Subhash Projects Forays Into Extra High Voltage Power Services - Award Of Orders For Rs 63 Crores

Subhash Projects & Marketing Ltd has informed that the Company has entered into Extra High Voltage (above 220 KV) segment in power projects. This will equip the Company to be more proficient and give a competitive edge in the wake of upcoming opportunities in the power sector.
The Company has bagged orders worth Rs 23 crores from Karnataka Power Transmission Corporation Ltd and Rs 40 Crores from Haryana Vidyut Prasaran Nigam Ltd. The completion period for the projects is 12 months. The scope of work for both projects on partial turnkey basis includes construction of 220 KV sub station and 220 KV transmission lines, supply of all matching materials / equipments (excluding power transformer) and erection of all materials / equipments as well as testing and commissioning of the same.
The Company has been focusing aggressively on the Power business since 2002. The scope of work includes mainly Transmission and Distribution (T&D) and Rural Electrification.
Its current order book position is Rs 2800 crores.

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