Areva T&D secures prestigious order from Hindalco

Areva T&D secures prestigious order from Hindalco Areva's Transmission and Distribution (T&D) division has informed that the company has won a prestigious order for 2x220 kV conversion substations from Hindalco Industries Limited, India's major Aluminium Producer.

The latest order involves design, supply, installation and commissioning of 5x100kA, 1650V DC rectifier stations, at each location of Bargwan (Singraull-Madhya Pradesh) and Lapanga (Sambalpur-Orissa).

Both substations are expected to be delivered to Hindalco by 2011.

Areva's T&D division is an active player around the globe. It designs, manufactures and supplies a complete range of equipment, system and services for all stages in the transfer of electricity, from the generator to the large end-user.

The company which currently employs over 4600 people in India, has 14 manufacturing units and 22 sales offices, across the country.

At 2:25 pm, the shares of Areva T&D were trading at Rs 345, down 3% compared to its previous close. The counter has made 52-week-high and low of Rs 386 and Rs 130 respectively.