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Alstom T&D expects more contracts from PowerGrid-news30052012


Alstom T&D India expects to bag a major chunk of PGCIL’s proposed transmission network contracts in the next 5 years.


PowerGrid has plans to add 80 more sub-stations in the 12th Plan which they always sub-contract to other players. Bullish on the country's power sector, Alstom T&D expects to see good business opportunities in the power transmission segment.

Further, Alstom T&D expects to get business from the government's proposed initiative of connecting the Southern grid with the National grid.

Looking to capitalise on the potential of the Indian power sector, Alstom T&D anticipates to increase its annual investments in the coming years from the existing level of Rs70 crore.
....more info



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