Techno Electric & Engineering Company Limited Receives New Orders
April 29, 2024 at 01:06 pm IST
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Techno Electric & Engineering Company Limited has bagged new Orders (for INR 40630 million) in the Normal Course of Business. Name of the entity awarding the order(s)/contract(s); Power Grid Corporation of India Ltd.- INR 2410 million, Aparva Energy Private Limited - INR 1750 million, Adani Transmission Ltd. INR 1200 million, Millenium Challenge Account (MCA), Nepal INR 7600 million ($91.61 million), IndiGrid Trust INR 9040 million, NERES XVI, POWER TRANSMISSION LTD [TEECL has won the bid under Tariff Based Competitive
Bidding (TBCB) to establish Inter-State transmission system for this projects on build, own operate and transfer (BOOT) basis for a total Revenue of INR 17500 million over the concession period] Damodar Valley Corporation (DVC) INR 2910 million, REC Power Distribution Company Ltd. INR 1571 Crores (All the above Orders are in the Normal Course of
Business). Significant terms and conditions of order(s)/contract(s) awarded in brief: PowerGrid Establishment/Execution of 765kV Substation Package, for Solar Energy Zone in Bidar; Adani - Establishment/Execution of 765kV Substation Package, at Halvad, Gujarat; Aparva - Establishment/Execution of 765/400 KV Substation, at Karera, MP; MCA - Establishment/Execution of 400kV Substation, at Lapsiphedi & New Hetauda and New Damauli, Nepal; Indigrid - Establishment/Execution of 4x500 MVA, 400/220 kV Pooling Substation, at Dhule, Maharashtra; Indigrid - Establishment/Execution of 2x1500 MVA, 765/400 kV and 2x500 MVA, 400/220 kV Substation, at Ishanagar, MP; NERES XVI, POWER TRANSMISSION LTD - Establishment/Execution of 400/220/132kV Substation, at GOGAMUKH, Assam; DVC - Establishment/Execution of 12 x 33/11 KV E-House GIS Substation with 33/11 KV cable work at DVC Comand Area of 120 km. RECPDCL Installation and operation of Smart Meters in Tripura, Ranchi and Indore on DBFOOT Basis. Whether order(s) /contract(s) have been awarded by domestic/international entity: Domestic Entity. Nature of order(s) /contract(s): PowerGrid - EPC (Engineering, Procurement and
Construction), Aparva - EPC (Engineering, Procurement and Construction), Adani Transmission Ltd. - EPC (Engineering, Procurement and Construction), MCA USA - EPC (Engineering, Procurement and Construction) of 400 KV GIS Project. Indigrid - EPC (Engineering, Procurement and Construction), NERES XVI, POWER TRANSMISSION LTD EPC (Engineering, Procurement and Construction), DVC EPC (Engineering, Procurement and Construction) and RECPDCL - DBFOOT (Design, Build, Finance, Own, Operate and Transfer). Whether domestic or international: Domestic. Time period by which the order(s)/contract(s) is to be executed: 24-36 Months. Broad consideration or size of the order(s)/contract(s): Transmission INR 22,010 million and Distribution INR 18,620 million.
Techno Electric & Engineering Company Limited is an India-based power-infrastructure company. The Company is engaged in engineering, procurement, and construction (EPC) services across power generation, transmission, and distribution catering to diverse industries. The Company is also engaged in generation of wind power through Wind Turbine Generators in the states of Tamil Nadu and Karnataka. The Company's segments include EPC (Construction) and Others. The Company is engaged in offering flue gas desulfurization (FGD), advanced metering infrastructure (AMI) and end-to-end data center solutions. It is also engaged in the transmission and distribution, including EHV substations up to 765 kV, advanced metering infrastructure, and STATCOM installations. It provides comprehensive solutions for data centers, encompassing design and engineering, civil and structural works, fire protection systems, water and allied systems, and plant electrical and illumination systems.