EMC Ltd bags Rs 776 cr contract from PowerGrid Corp

NEW DELHI: Power system solutions provider EMC Ltd today said it has bagged a Rs 776 crore contract from central transmission utility PowerGrid Corp for setting up a transmission link at Tuticorin, in Tamil Nadu.

"EMC Ltd has bagged a contract of transmission line and sub-station, together worth Rs 776 crore, from Power Grid Corporation of India Ltd (PGCIL) in Tuticorin, Tamil Nadu," an official statement said.

Under the contract, EMC will supply, erect, test and commission a 765-kV double circuit transmission line worth Rs 718 crore at Tuticorin within a period of 30 months.

It will also supply, erect, test and commission a 400-kV sub-station worth Rs 58 crore, which has a contractual completion deadline of 24 months.

The 410-km-long transmission line will be built between the Tuticorin Pooling Station and Salem Pooling Station, connecting the sub-stations at Salem and Madhugiri and the proposed 400 kV sub-station at Tuticorin.

EMC Ltd offers complete turnkey solutions for power transmission, distribution and balance of plant (BOP). It also manufactures towers, conductors, hardware accessories, etc.

The company, which had posted a turnover of Rs 904 crore for 2010-11, currently has an order book worth over Rs 3,000 crore.