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Alstom T&D India has secured five contracts worth over 255.80 crore (euro 37 million) from Power Grid Corporation of India (PGCIL), for projects across India. These contracts demonstrate the company's expertise in supplying innovative solutions across various product segments to ensure secure, efficient, reliable and environment-friendly energy transmission. The products for all these contracts will be delivered from Alstom T&D's world class factories spread across India.
India is expected to continue to expand its power infrastructure substantially in the coming years to clear the congestion in the existing T&D network, due to the addition of 55,000 MW of generation in the 11th Plan period and to improve the power flow across India's 5 electrical grids, with the additional generation capacity getting added in the 12th Plan period.
In India's Western region, Alstom T&D India won two contracts worth 166.00 crore for the supply, erection, testing and commissioning of 400 kV substation extension packages, including shunt reactors. Once commissioned, these substations will help make more power available to meet the growing demand for electricity in the Western region and will significantly improve the reliability and efficiency of the transmission grid.
Alstom T&D India secured a contract valued at 40.00 crore, for the delivery of 765 kV circuit breakers for various substations across the whole of India. Alstom is a leader in the field of extra- and ultrahigh voltage circuit breakers and is the first global manufacturer to localise production of spring operating high voltage circuit breakers (up to 765 kV) in India. All circuit breakers will be manufactured in its factory located in Padappai (Tamil Nadu).
The other two contracts include the supply of 765 kV reactors for Power Grid's Padghe, Aurangabad, Bhiwani, and Meerut substations for a value of 27.00 crore and 400 kV Reactors for Power Grid's Khandwa Purnia, Gajuwaka Baripada & Bhiwani for a value of 22.80 crore. These reactors will strengthen power transmission network in Northern and Western regions of India and mitigate the gap between demand and supply of power.
The Indian government continues to strengthen its growth ambitions and by 2014, aims to connect the Southern grid to the National grid to create the single largest transmission grid in the world.
| Company Name | CMP |
|---|---|
| Siemens | 5739.00 |
| Havells India | 1639.35 |
| Apar Inds | 7608.00 |
| ABB India | 6409.05 |
| CG Power & Indl.Soln | 557.75 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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