Emco bags Rs 325 cr order form Maharashtra Govt

MUMBAI: Emco has bagged an order valued at Rs 325 crore from Maharashtra State Electricity Transmission Company for execution of 3 Nos. 400 kV new substations on turnkey basis at Bhusawal, Chakan and Khaparkheda to evacuate Power as MAHAGENCO is building up additional generating capacity of 1250 MW at these locations for the State of Maharashtra. Emco's scope involves design, engineering, supply, erection, testing & commissioning of these 400 kV substations.

"These projects are very important for the State of Maharashtra as the evacuation of the entire additional generation capacity being added by MAHAGENCO at these locations is to be done through them." said Rajesh Jain, Chairman, of EMCO. At 11:43 am, Emco shares were down 4.85 per cent at Rs 1080 on BSE.