Ramky Infrastructure Wins Contracts for Power Grid Project in Ladakh

Ramky Infrastructure Limited (RIL), a leading Indian civil and infrastructure engineering company, has secured significant contracts from PowerGrid Energy Services Limited (PGESL), a wholly-owned subsidiary of Power Grid Corporation of India Limited (PGCIL). These contracts pertain to a critical infrastructure project aimed at reducing power losses in the Leh district of Ladakh.

Project Details and Scope

The project falls under the ambit of the Results-linked Distribution Sector Scheme (RDSS), an initiative spearheaded by the Government of India to improve the efficiency of power distribution networks across the country. Ramky Infrastructure has been awarded two separate contracts for this project:

• Contract Part I: Supply of Plant Contract: This contract, valued at ₹107.39 crore (excluding GST), entails the supply of necessary equipment and materials for the loss reduction work. This equipment will likely encompass transformers, meters, insulators, and other power distribution infrastructure components.

• Contract Part II: Supply of Installation Services Contract: Valued at ₹23.80 crore (excluding GST), this contract assigns Ramky Infrastructure the responsibility of installing the supplied equipment and materials within the designated areas in the Leh district. This will involve deploying skilled personnel and utilising specialised machinery to ensure proper installation and functionality of the upgraded infrastructure.

Ramky Infrastructure’s Expertise

Ramky Infrastructure’s proven track record in executing complex infrastructure projects positions them well for successfully completing this assignment. Their experience in power transmission and distribution projects, coupled with their strong presence across India, ensures they have the necessary resources and expertise to deliver high-quality work within the stipulated time frame.

Looking Ahead

The award of these contracts underscores Ramky Infrastructure’s commitment to contributing to India’s infrastructure development goals. Their successful execution of this project in Ladakh will further solidify their reputation as a reliable partner for critical power infrastructure projects nationwide.

About Ramky Infrastructure Limited

Ramky Infrastructure Limited is the flagship company of the Ramky Group. The company is engaged in construction, infrastructure development, and management. On June 26, 2024, Ramky Infrastructure shares opened at ₹584.70 and touched the day high of ₹603.65 at 09:55 AM.

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