The project is part of the Eastern Region Strengthening Scheme of Power Grid, which aims to improve the transmission infrastructure in West Bengal, Odisha and Bihar, the company said.
Alstom T&D India today said it has bagged a Rs 200 crore order from Power Grid Corporation of India Ltd (PGCIL) for upgrading grid substations in eastern parts of the country.
"Alstom T&D India has secured an order from Power Grid Corporation of India Ltd...to supply transformers for the upgrade and expansion of 400/220 kv grid substations across eastern India," the company said in a statement.
Also read: Alstom T&D bags Rs 27.7 cr order to supply GIS in HP
The project is part of the Eastern Region Strengthening Scheme of Power Grid, which aims to improve the transmission infrastructure in West Bengal, Odisha and Bihar, the company
said adding that the the new equipment will strengthen power handling capacity of various substations across these states, stabilising the transmission network.
"Alstom is pleased to contribute to the improvement of the power transmission capabilities, both for intra and inter-state grid," Alstom T&D India Managing Director Rathin Basu said.
Under the contract, Alstom will upgrade existing 400/220 kv substations by installing new equipment such as circuit breakers, instrument transformers, protection and control panels.
"Alstom will supply seven units of 400/220kV, 500MVA transformers and three units of 220/132/33kV, 160 MVA transformers," the company said.
Alstom T&D stock price
On July 21, 2014, Alstom T&D India closed at Rs 334.30, down Rs 0.2, or 0.06 percent. The 52-week high of the share was Rs 357.80 and the 52-week low was Rs 110.00.
The company's trailing 12-month (TTM) EPS was at Rs 4.57 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 73.15. The latest book value of the company is Rs 48.77 per share. At current value, the price-to-book value of the company is 6.85.
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