Laser Power & Infra Ltd has received a Letter of Intent (LoI) from Himachal Pradesh State Electricity Board Limited (HPSEBL) for a turnkey reconductoring project in the Nalagarh Electrical Division of Himachal Pradesh.
The order, valued at around ₹4.15 crore, covers the supply and installation of High Temperature Low Sag (HTLS) conductors. The company disclosed the contract through an exchange filing dated July 17, 2026.
The contract will be executed using Aluminium Encapsulated Carbon Core Conductors (AECC), manufactured by Laser Power & Infra in India under its manufacturing agreement with TS Conductor Corp., USA. The partnership was signed in March 2025.
The company said this is the first commercial order to be executed under the arrangement and that the project will use TS Conductor's proprietary carbon fibre composite core technology.
The project involves replacing conventional transmission conductors with HTLS conductors while retaining the existing transmission towers.
According to the company, AECC conductors can carry two to three times the power of conventional ACSR conductors, with lower line losses and reduced thermal sag.
Laser Power & Infra said it has already prequalified and submitted bids for 18 transmission EPC projects of 66 kV and above involving advanced HTLS conductors. The HPSEBL contract is the company's first commercial order in this segment.
The filing also stated that the order has been awarded by a domestic entity, does not involve a related-party transaction, and that the promoter group has no interest in the awarding authority.
Incorporated in 1988, Laser Power & Infra manufactures power cables, conductors and transmission components through three manufacturing facilities in West Bengal, with a combined installed capacity of 85,448 metric tonnes.
As of 31 March 2026, the company had installed more than 85,191 circuit kilometres of HT and LT distribution lines, commissioned over 113 substations, completed 43 projects, and had 34 EPC projects under execution across several Indian states.
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As of July 17, 2026, 3:30 pm, Laser Power & Infra Ltd share price closed at ₹288.66, up 10.00% from the previous closing price.
Laser Power & Infra has added a ₹4.15 crore domestic transmission order to its order book through HPSEBL. The project will use AECC conductor technology under the company's manufacturing partnership with TS Conductor.
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Published on: Jul 17, 2026, 4:55 PM IST
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