Areva T&D bags Rs 418 crore order from Essar Constructions
Areva T&D India has secured a Rs 418 crore from Essar Constructions to provide equipment to the latter's power plant projects in Gujarat and Madhya Pradesh.
The scope of the contract includes supply and commissioning of switchyards, generator circuit breakers and distribution transformers, the company said in a filing to the Bombay Stock Exchange.
The project is scheduled to be completed by February 2010. The contract would also provide electrical balance of plant, which reduces complexity in co-ordination and improves projects delivery time, said Areva T&D India Country President Rathin Basu said.
Shares of Areva T&D India today closed at Rs 1,403.80, up 1.65 per cent on the BSE.
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