S&S Power subsidiary secures over ₹30 Crore international Pot Control System order
S&S Power's subsidiary, HART, secured an international order worth over ₹30 Crores from Giza Systems Free Zone, Egypt, for a Pot Control System for Aluminium Smelters.
The order of over ₹30 Crores is a substantial international contract for the subsidiary, expected to contribute significantly to the company's revenue over the next 36 months and enhance its global presence.
The company's subsidiary has secured a significant international order valued at over ₹30 Crores, which is one of its largest, indicating strong business growth and revenue potential.
* S&S Power Switchgears Limited's wholly-owned subsidiary, M/s. Hamilton Research & Technology Private Limited (HART), has received a Letter of Intent (LOI) from Giza Systems Free Zone, Egypt. * The contract is for the supply of a state-of-the-art Pot Control System, along with associated technology, to support Aluminium Smelter operations. * The order is valued at over ₹30 Crores, making it one of the largest international contracts awarded to HART. * Implementation of the project will commence within the current financial year. * Project completion is targeted over the next 36 months.
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S&S Power Switchgears 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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