Godrej & Boyce unit bags orders worth Rs 2,000 crore
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New Delhi: Godrej Electricals & Electronics, the commercial arm of Godrej & Boyce, has bagged orders worth a total of Rs 2,000 crore from power transmission, railways and solar projects. The power infrastructure and renewable energy (PIRE) business of Godrej Electricals & Electronics has bagged orders worth over Rs 2,000 crore from power transmission, railways and solar projects, the company said in a statement on Thursday. These include engineering procurement construction (EPC) for 400kV and 765kV EHV substations across the country, a GIS substation with 220kV underground cable in Mumbai and a 132kV substation project in Nepal.
In the solar project segment, the company has bagged an order for a 20 MW ground-based solar plant in West Bengal. The order is in line with its goal to grow its solar EPC portfolio by 30 percent annually over the next three years and promote energy conservation. The company is also venturing into railway electrification with a project of over Rs 900 crore from the Indian Railways for construction of traction substations and associated works. The project is in line with India’s vision to modernize railways and promote sustainable transport. Raghvendra Mirji, Senior Vice President and Business Head, Godrej Electricals & Electronics, said, “These orders align well with our diversification strategy to strengthen the power transmission sector and foray into railways and international segment.”
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