Salasar Techno Engineering bags power projects worth Rs 750 crore in UP | Jobs Vox

Salasar Techno Engineering Limited (STEL) on Tuesday said it has bagged an order worth about Rs 750 crore from Paschimanchal Vidyut Vitran Nigam Limited (PVVNL). Work orders have been placed for development of distribution infrastructure for loss reduction under the Revamped Reforms Based and Result Linked Distribution Sector Scheme (RDSS) in Bulandshahr, Hapur, Baghpat and Meerut districts of Uttar Pradesh, STEL said in a statement. .

The orders in Hapur and Bulandshahr are worth Rs 403.85 crore, while those in Meerut and Baghpat are Rs 344.61 crore, the company said.

Total Rs 748.46 crore.

The above orders will be implemented in the next 24 months.

“This order marks STEL towards achieving its ultimate mission of executing large orders, developing products with state-of-the-art R&D and most importantly providing innovative, cost-effective and modern engineering solutions supported by agile service implementation teams reflects the point of view of the company said.

New Delhi based Salasar Techno Engineering Limited (STEL) is a fast growing steel structure manufacturer and EPC infrastructure company, providing services in Telecom, Energy and Railways.

Shares of the company closed at Rs 56.40 on the BSE, up 8.36 per cent from its previous close.