').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Salasar Techno Engineering Gets Rs 143 Cr EPC Contract From Nepal Govt
The project received from Nepal Electricity Authority (NEA) will come up in Dang, Rukum East and Baitadi districts of the neighbouring nation
Topics
Nepal | India Nepal ties | Salasar Techno Engineering
Homegrown Salasar Techno Engineering Ltd (STEL) on Wednesday said it has secured a Rs 143 crore contract from the Nepal government.
"The order is for procurement of materials, associated accessories and necessary installation services including design and commissioning of 33/11 KV substations and 33 KV, 11 KV, 400 V lines and distribution systems networks," the steel structurals maker said in regulatory filing.
The project received from Nepal Electricity Authority (NEA) will come up in Dang, Rukum East and Baitadi districts of the neighbouring nation, it said.
The work is to be completed over the next 24 months.
Shashank Agarwal, STEL Management team, said this is the first ever EPC (engineering, procurement and construction) order the company has received out of India.
STEL will continue to explore more such business opportunities in Nepal and other countries to expand its global presence.
New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players besides manufacturing of steel structurals.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Wed, January 18 2023. 14:44 IST
RECENT NEWS
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust & Innovation
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
War Risk Returns To Markets As VIX Surges
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more
Stablecoin The Future Of Currency?
The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more