Areva T&D bags order worth Rs 1200 crore from Jindal Steel & Power
Areva T&D India has received prestigious orders from Jindal Steel & Power Limited (JSPL) for 400/220 kV substation and power transformers, for their Green Field Integrated Steel Project at Angul (Orissa).
The Power Transformers orders is for design, manufacturing, supply at site, erection, testing & commissioning of 2x315 MVA, 400/200kV interconnecting Transformers and
6x120 MVA, 220/34.5 kV Power Transformers.
The substation order is on turnkey basis and includes major AREVA products such as 400/220kV Circuit Breakers, Instrument Transformers and Automation System with Control & Relay Panels, AREVA T&D will also execute Design & Engineering, Supply, Erection & Commissioning for the Substation including detail engineering for civil works related to this substation.
The total order value is approximately Rs 1200 crore and scheduled completion is by December 2010.
The shares of Areva T&D today closed at Rs 332, up 2% compared to previous close of Rs 327.