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Tuesday, 25 March 2008

Jyoti Structures bags 2 orders worth Rs 253cr

Jyoti Structures today said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) for construction of transmission lines.

The company has bagged Rs 160 crore order from Uganda Electricity Transmission Company for construction of transmission lines and substations.

Besides, the company's joint venture company Jyoti Structures Africa (Pty) has bagged a contract for Eskom Enterprises (Pty), the electricity utility of South Africa for construction of transmission line.

The scope of the order from Uganda Electricity Transmission Company includes the supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange.

The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 KV and 132 KV transmission lines and substations.

Meanwhile, Jyoti Structures Africa would execute 114 Km of 765 KV single circuit transmission line construction from Majuba to Umfolozi. The contract valued at about 184 million rands (around Rs 93 crore) is expected to be executed in 13 months.

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