Laser Power & Infra Secures ₹72.76 Cr Order from POWERGRID
Laser Power & Infra Limited (LPIL) has secured contracts totaling ₹72.76 crore from Power Grid Corporation of India Limited. The order involves the supply of High Temperature Low Sag (HTLS) conductors and reconductoring of two existing 132 kV transmission lines. This marks LPIL's first commercial order for HTLS conductors, signifying a major step in its technology-led transmission business. The project, to be completed within 12 months, covers approximately 164 circuit-km and integrates LPIL's capabilities in engineering, manufacturing, supply, installation, and commissioning. This order is seen as a strategic move to enhance the company's position in advanced transmission technologies and EPC services.
Key Highlights
- Secured ₹72.76 crore order from POWERGRID for HTLS conductors.
- First commercial order for HTLS conductors, a significant technological milestone.
- Project involves supply and reconductoring of 132 kV transmission lines.
- Completion expected within 12 months for 164 circuit-km.
- Enhances company's integrated transmission and EPC capabilities.
Price Impact
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