India, Mumbai: Transrail Lighting Limited, an Indian power transmission and distribution company, has won substation and railway electrification orders worth $62 million, which are now in the execution stage.
The substation contracts include orders from Madhya Pradesh Power Transmission Co. Ltd (MPPTCL) for two 400 kV substations and from Chhattisgarh State Power Transmission Co. Ltd (CSPTCL) for three 220 kV substations, reports Business World.
"With Government's focus on bringing down the aggregate technical and commercial (AT&C) losses, T&D spending is expected to gravitate towards substations. An estimated 300,000 MVA of substation capacity addition over the 13th Five Year Plan (2017-2022) represents a huge opportunity for T&D players,” commented Mr. D.C. Bagde, Managing Director, Transrail Lighting Limited.
Source: Business World