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Deal worth Rs 174 crore: RVNL and Salasar Techno will together install power cable in Madhya Pradesh.

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RVNL and Salasar Techno will together install power cables: Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL) have done the work of laying power cables in Madhya Pradesh.

A work deal worth Rs 174 crore has been signed between the two companies, 132 and 220 KV wires will be installed, and the work will be completed in 18 months in Eastern Madhya Pradesh.

This will improve power supply in Madhya Pradesh, this is a big task for both RVNL and STEL.

Some more information about this work:

  • RVNL is a Government of India company that operates railways.
  • STEL is a private company which does the work of installing electrical wires.
  • RVNL and Salasar Techno have together formed a company that will do this work.
  • RVNL has a 51% stake and STEL has a 49% stake in this company.

This work is very important for Madhya Pradesh. With the installation of 132 and 220 KV wires, the power supply in the state will improve and people will not have to face power cuts. This work will be completed in 18 months, after which the power supply in the eastern region of Madhya Pradesh will improve.

This work is a big task for both RVNL and STEL. For RVNL, this work is an opportunity to work in a new area apart from railways. This work is a big government contract for STEL, which will increase the company’s revenue and work.

This work is beneficial for all of Madhya Pradesh, RVNL, and STEL.

Additional Information:

  • This work is part of the “Rewa Solar Park” scheme of the Madhya Pradesh government.
  • Under this scheme, 750 MW of solar energy will be produced in Madhya Pradesh.
  • After completion of this work, it will help eliminate the power shortage in Madhya Pradesh.

Hope this information will be useful for you.

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