Jyoti Structures Ltd prequalifies for bid in Kenya

Jyoti Structures Limited has been pre-qualified by Kenya Transmission Company Limited (KETRACO), Kenya to bid for 132 kV Narok-Bomet Transmission Line tender for 88 Kms on total turnkey basis.

KETRACO conducted a pre-qualification process to select EPC companies eligible to bid for above-mentioned project funded by African Development Bank, and JSL has been qualified to bid for the project on the basis of past experiences of similar projects including in Kenya, along with the comprehensive in-house capabilities and resources.

Qualification for this tender marks the re-entry of the company into international markets for turnkey projects.

The techno-commercial bid submission for above-mentioned tender is due on 25th April 2024. This is a priority project for KETRACO, to be completed within 12 months from award to successful bidder.

JSL has executed Transmission Line and Substation projects previously in Kenya.

Globally, JSL has commissioned over 31,000 ckt Kms of Transmission Lines upto 765 kV, 1800 Bays Substations, and electrified over 37,325 villages.

Shares of JYOTI STRUCTURES LTD. was last trading in BSE at Rs. 22.07 as compared to the previous close of Rs. 22.36. The total number of shares traded during the day was 581032 in over 905 trades.

The stock hit an intraday high of Rs. 23.45 and intraday low of 21.90. The net turnover during the day was Rs. 13323618.00.

Source : Equity Bulls

Keywords

JYOTISTRUCTURES INE197A01024 PreQualified KETRACO