Power equipment maker KEC International said on Tuesday that it has bagged two contracts worth Rs 155 crore from Power Grid Corporation of India for construction related works.
The company has bagged two separate contracts by Power Grid Corporation Ltd for supply and construction of 400 KV Double Circuit Edamon - Muvattupuzha Transmission line in Kerala, the company said in a filing to the Bombay Stock Exchange.
The total value of both the contracts is Rs 155.24 crore. The line is associated with Grid Strengthening Scheme for Kerala I & II of Powergrid Network, the company added. The scope of the order includes supply of towers, line materials, erection and comm issioning. The total length of both the lines is 150 kms and the project is to be completed by March 2010.
Shares of the company were trading at Rs 591.20, down 0.97 per cent on the BSE in afternoon trade.
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