Salasar Techno Engineering wins order from Pashchimanchal Vidyut Vitran Nigam

Salasar Techno Engineering Limited has announced an update about order win PVVNL. Salasar Techno Engineering Limited in a company statement said that it has secured Two Letter of Intents worth Rs 748.46 Crore from Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL) for "Development of Distribution Infrastructure For Loss Reduction in District Bulandshahar, Hapur, Baghpat and Meerut of Uttar Pradesh State under Revamped Reforms based and Result Linked Distribution Sector Scheme (RDSS) for Electricity Distribution, GPS Survey, Design, Supply, Installation, GIS Asset Mapping, Testing and Commissioning of Works Related to Loss Reduction on Turnkey bases under RDSS.

The said order win strengthens our existing orderbook and will be executed in next 24 Monhts i.e. in part of FY23, FY24 and FY25, says company.

Commenting on the order received, an official statement said, "We at STEL take pride to announce this significant order win worth Rs. 750 Crores. This order is a testimony of STEL's continuous efforts to design & develop products and services solutions for advanced and reliable applications in the Indian power space. This order showcases our strength in executing large orders, developing products with cutting edge research & development and most importantly the approach of STEL towards achieving its ultimate mission of delivering innovative, cost-efficient and modern engineering solutions backed by agile service implementation teams."

"On the financial front, this order win strengthens our already robust order-book. At STEL, we continue to remain focused on developing and implementing solutions to become one of the most preferred infrastructure enabler," the statement added.