Areva T&D bags Sterlite order worth Rs 220 cr

NEW DELHI: French power equipment maker Alstom Grid's arm Areva T&D on Tuesday said it has bagged a Rs 220 crore order from Sterlite Technologies for the construction of substations at Bhopal and Dhule in Maharashtra.

"Areva T&D has bagged a contract worth Rs 220 crore from Bhopal Dhule Transmission Co Ltd, a subsidiary of Sterlite Technologies Ltd, for the construction of two 765 kV Extra High Voltage substations at Bhopal and Dhule in Maharashtra," the company said in a statement.

All the equipment for these substations will be delivered from AREVA T&D India's factories located at Padappai, Pallavaram, Hosur in Tamil Nadu, and Noida (Uttar Pradesh).

"Areva T&D India is awarded this project for its expertise and technology edge in delivering products and solutions for 765kV EHV. They have a strong track record of successes in this domain and we are confident of their delivery on this project," Sterlite Technologies Limited Wholetime Director Pravin Agarwal.

"We deeply value our relationship with Sterlite in the emerging BOOT (Build, Own, Operate and Transfer) business," Areva T&D India Limited Managing Director Rathin Basu said.