Areva T&D India Limited, the Indian subsidiary of AREVA France SA, has bagged a contract worth 35 million euro from Bhilai Steel Plant (BSP)1, a flagship unit of the “Steel Authority of India Ltd” (SAIL), the largest steel manufacturer in India.
This contract includes a 132kV Gas insulated substation and Air insulated substations.
In addition, it also includes the complete revamping of the existing protection & control system and feeding the new sub stations through 132KV transmission cables.
Steel Minister Ram Vilas Paswan on Wednesday said the government may impose five per cent import duty on cheaper shipments and scrap exports levy of up to 15 per cent as demanded by industry majors like Tata and SAIL.