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Alstom T&D India shines on successfully delivering PGCIL’s 230 kV transmission project in Myanmar

29 May 2013 Evaluate

Alstom T&D India is currently trading at Rs. 169.50, up by 1.05 points or 0.62% from its previous closing of Rs. 168.45 on the BSE.

The scrip opened at Rs. 170.00 and has touched a high and low of Rs. 172.00 and Rs. 169.10 respectively. So far 585 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 230.00 on 03-Oct-2012 and a 52 week low of Rs. 138.40 on 25-Mar-2013.

Last one week high and low of the scrip stood at Rs. 177.00 and Rs. 166.20 respectively. The current market cap of the company is Rs. 4,052 crore.

The promoters holding in the company stood at 80.31% while Institutions and Non-Institutions held 10.15% and 9.53% respectively.    Alstom T&D India has concluded the successful delivery of Power Grid Corporation of India’s (PGCIL) 230 KV transmission project, worth around Rs 105 crore (amounting 15 million euro) in Myanmar. The contract covered the supply of a turnkey substation for the 230 kV transmission project which links the 3x40 MW Thahtay Chaung Hydro Power Project to the electrical grid.

As part of the turnkey project, Alstom T&D India was responsible for the design, engineering, supply, and commissioning of the substation. The full scope covered a 220/66/33kV AIS substation and associated products including substation automation systems, power transformers and network management systems and high voltage substation maintenance. The project is scheduled for commissioning in 2015.

This project marked the company’s first steps into neighboring countries and was delivered in a record three months in advance of the twelve months in the contract.

GE Vernova T&D India Share Price

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