ICSA gets three contracts worth Rs 464.17 crore

ICSA Indiasaid it has got three contracts together valued at Rs 464.17 crore from Bihar State Electricity Board.

MUMBAI: ICSA India, an electricity infrastructure company, on Wednesday said it has got three contracts together valued at Rs 464.17 crore from Bihar State Electricity Board, Maharashtra State Electricity Distribution and M P Poorv Kshetra Vidyut Vitaran Co Ltd.

In a statement to the BSE, ICSA said the contract from Bihar State Electricity Board includes installation of rural electricity infrastructure in Katihar district and is valued at Rs 254.21 crore.

The contract from Mahavitaran is worth Rs 170.17 crore and would include supply, transport and construction of sub transmission lines in Nagpur.

For M P Poorv Kshetra, a Rs 39.79-crore contract, ICSA would build distribution transformer substations under the Rajiv Gandhi Grameen Vidyuitikaran Yojna, the statement added.

Shares of ICSA surged 9.38% to Rs 69.40 in intra day trade on the BSE.
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