India’s leading steel pipes and tubes manufacturer Rama Steel Tubes Ltd on Thursday said that it has won two new prestigious orders for supply and erection of transmission lines for rural electrification, in its joint venture company-Pir Panchal Construction Pvt Ltd (PPCPL). Rama Steel holds 25% stake in PPCPL.

According to Rama Steel Tubes, the orders, valued at Rs 288 crore, are received from Uttarakhand Power Corporation Ltd and Himachal Pradesh State Electricity Board. These orders will be executed within 24 months, it said.

Commenting on the order win, Richi Bansal, CEO, Rama Steel Tubes Ltd, said, “we are very pleased to inform that PPCPL, our joint venture company, has been successfully bagging prestigious orders in the area of supply and erection of transmission lines in India. The joint venture has already executed orders worth more than Rs 150 crore over last three to four years. With the strong focus of the government towards electrifying the length and breadth of the country, we feel this joint venture has a bright future ahead.”

here is company details.

 

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