Jyoti Structures Secures ₹949.35 Crore Orders from Power Grid Corporation
Jyoti Structures Limited secured two orders from Power Grid Corporation of India worth ₹949.35 crore (excluding GST) for 800 kV HVDC transmission lines. The projects have a completion period of 38 months. This follows a recent ₹689.93 crore order from GETCO.
The order value of ₹949.35 crore is substantial and represents a significant addition to the company's order book, likely impacting its financial performance and market position.
The company has secured significant new orders, which is a positive development for its business and revenue prospects.
Jyoti Structures Limited (JSL) has announced the securing of two significant orders from Power Grid Corporation of India Limited, collectively valued at ₹949.35 crore (excluding GST). These orders are for packages under the ±800 kV HVDC Bipole Barmer -II and South Kalamb Transmission Lines project in Rajasthan.
Specifically, the awards encompass Lot 1 under package TL01, valued at ₹474.85 crore, and Lot 2 under package TL02, valued at ₹474.50 crore. The scope of these projects includes the supply, erection, testing, and commissioning of ±800 kV high-voltage direct current (HVDC) transmission lines on a total turnkey basis. Both projects have a completion period of 38 months from the respective Notification of Award dates.
Amit Dutta, COO of Jyoti Structures Limited, expressed gratitude for the opportunity to contribute to India's transmission infrastructure and highlighted the company's experience in project delivery. JSL's recent achievements also include a ₹689.93 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) and a 220 kV double-circuit transmission line project in Sri Lanka.
High-voltage direct current technology is crucial for transmitting large volumes of electricity over long distances, strengthening power transmission networks. JSL brings over five decades of experience in transmission EPC, with integrated capabilities in design, engineering, manufacturing, testing, and project execution, having constructed over 37,600 circuit kilometers of transmission lines and delivered over 1,800 high-voltage substation bays globally.
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Jyoti Structures Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Jyoti Structures Limited. Read the original for the full detail.