It also includes an extension of three existing substations at Hurand, Sirakole and Indus by adding two bays each.
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Shares of GE T&D India rose four percent intraday on September 4 after it received a grid upgradation order from West Bengal State Electricity Transmission Company (WBSETCL).
The order worth about Rs 90 crore was bagged through a competitive bidding process and includes construction of three new 132/33 kilovolt (kV) substations in Ramnagar, Manbazaar and Birlapur.
It also includes extension of three existing sub-stations at Hurand, Sirakole and Indus by adding two bays each.
At 14:05 hours, GE T&D India was quoting Rs 156.45, up Rs 6.40, or 4.27 percent on the BSE.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Sep 4, 2019 02:40 pm