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Salasar Techno Engineering's JV emerges as L1 for project worth Rs 173.99 crore

23 Feb 2024 Evaluate

Salasar Techno Engineering’s joint venture (JV) -- RVNL-SALASAR JV has been emerged as the lowest bidder (L1) from Madhya Pradesh Power Transmission Company for ‘Construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays on total Turnkey basis in Eastern MP’. The project cost is Rs 173.99 crore (including GST). The said project is expected to be completed in 18 months.

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
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