Salasar Techno Engineering secures contract worth Rs 364 crore

Salasar Techno Engineering Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 540642 | NSE: SALASAR

02 Dec 2023 Evaluate

Salasar Techno Engineering (STEL) has secured an Engineering, Procurement, and Construction (EPC) contract valued at Rs 364 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO). The contract signals a significant milestone for the company, involving a comprehensive scope of work aimed at enhancing the power infrastructure in Erode district of Tamil Nadu.

Under the contract, STEL is entrusted with the Supply, ErecIon, and InstallaIon of Feder SegregaIon, High Voltage DistribuIon System, SeparaIon of Double DistribuIon Transformer, and AugmentaIon of 33KV Lines.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

Peers

Company Name	CMP
Bharat Heavy Elect.	430.60
Thermax	3680.25
Kirloskar Industries	3830.40
Skipper	551.65
INDO-MIM	1018.90
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.