Salasar Techno Engineering Ltd bags two contracts worth Rs. 695.18 crores

Salasar Techno Engineering Limited ("STEL" or "the Company") has been awarded two prestigious contracts aggregating to approximately INR 695.18 Crores by Rail Vikas Nigam Limited (RVNL), New Delhi, for the following works:

1. "Service Support & Procurement Management Contract for procurement of Electrical & Mechanical items for development of distribution infrastructure for loss reduction works at Mandi, Bilaspur, Kullu and Hamirpur operation circle at central zone of HPSEBL under Revamped Reforms-based and Results-linked, Distribution Sector Schemes (RDSS)".

2. "Erection work for development of distribution infrastructure for loss reduction works at Mandi, Bilaspur, Kullu and Hamirpur operation circle at central zone of HPSEBL under Revamped Reforms-based and Results-linked, Distribution Sector Schemes (RDSS)".

Source : Equity Bulls

Keywords

SalasarTechnoEngineering STEL OrderWin RailVikasNigam RVNL