|Published : 19 Apr 2017, 18:43:02|
Siemens, Indian co get BD substation order
The consortium of Siemens and RPP Infra Projects has won order from Power Grid Company of Bangladesh (PGCB).
Siemens and RPP Infra Projects submitted the bid to PGCB in respect of design, supply, erection, testing and commissioning of 230 KV and 132 KV substations on turnkey basis, company said in press release.
The scope of the order for RPP Infra Projects will be in the civil work with the share worth approximately Rs 970 million, according to report by http://www.moneycontrol.com/http://www.business-standard.com/
Arulsundaram, CMD of RPP Infra Projects said," This is significant development for RPP Infra Projects to work with Siemens, India. This is subsequent development in the right direction for RPP Infra Projects to execute orders in the International market." After the announcement of the repot, share prices of RPP Infra Projects increased by 2.5 per cent intraday Wednesday.