Transrail Lighting wins substation and railway electrification ordersworth INR 395 crore
Integrated power transmission and distribution company, Transrail Lighting Limited, has forayed in the substation and railways electrification businesses and secured orders worth INR 395 crore which are now in execution stage.
Integrated power transmission and distribution company, Transrail Lighting Limited, has forayed in the substation and railways electrification businesses and secured orders worth INR 395 crore which are now in the execution stage.
The substation mandate includes orders from Madhya Pradesh Power Transmission Co. Ltd (MPPTCL) for two 400kV substations and from Chhattisgarh State Power Transmission Co. Ltd (CSPTCL) for three 220kV substations. Transrail bagged the railway electrification order from IRCON International Limited for electrification of over 200 track km in Madhya Pradesh.
Commenting on the market opportunity, D.C. Bagde, Managing Director, Transrail Lighting Limited said, “With Government’s focus on bringing down the aggregate technical and commercial (AT&C) losses, T&D spending is expected to gravitate towards substations. An estimated 300,000 MVA of substation capacity addition over the 13th Five Year Plan (2017-2022) represents a huge opportunity for T&D players and Transrail is hoping to corner a meaningful part of it.”
Elaborating on the opportunities in the railway electrifications, he added “The government has proposed to run India’s entire rail network on electricity to cut down on pollution and its diesel bill. The
government’s plan of working towards electrification of over 30,000 km of tracks over the next five years is expected to augur well for the company. Further, laying of new tracks also presents a vast opportunity for the sector and Transrail.”
D.C. Bagde further added “Substations and railway electrification have become Transrail’s key business verticals. We have been focusing on diversifying into new sources of growth by capitalising on our knowledge, capabilities, experience and existing infrastructure related to turnkey EPC project management. Leveraging on these competencies, we choose to expand in promising business spaces within the adjacencies of our existing business.”