Techno Electric & Engineering Company has partnered with Indigrid to collaboratively undertake development of two of the indigrid’s Greenfield Interstate Transmission System (ISTS) projects and signed the Securities Subscription Cum Shareholders Agreement (SSSHA).
Under this partnership, Techno Electric will co-develop and invest in indigrid’s two ISTS projects i.e. Ishanagar Power Transmission (IPTL) and Dhule Power Transmission (DPTL). The company will invest minority capital and will also be responsible for the complete execution of the projects on a Lump Sum Turnkey (LSTK) basis.
Techno Electric & Engineering Company (TEECL) is one of India’s most important power-infrastructure company. TEECL was established with a mission to provide comprehensive Engineering, Procurement and Construction (EPC) services to core sector industries in India.
