Hey there, finance enthusiasts!
We’ve got some exciting news from the power sector! S&S Power Switchgears Limited (S&SPOWER) recently announced a significant win for its wholly-owned subsidiary, S&S Power Switchgear Equipment Limited (SSPSE). They’ve bagged a Letter of Award (LOA) from Transrail Lighting Limited for a project that’s taking their expertise all the way to Botswana! π§πΌ
So, what’s the big deal? SSPSE will be supplying crucial 400KV Disconnectors. For those unfamiliar, disconnectors are vital components in electrical substations, allowing for the safe isolation of equipment for maintenance or in case of faults. Think of them as the heavy-duty switches that ensure the power grid stays safe and operational.
This isn’t just any order; it’s valued at more than βΉ5 Crores! π° And here’s the kicker: the delivery is slated for this financial year, which means we’ll see these crucial components making their way to Botswana pretty soon. It’s a testament to the company’s capabilities and its growing footprint in the international power infrastructure space.
This order highlights S&S Power’s continued contribution to strengthening power grids, not just domestically but also on the global stage. It’s always great to see Indian companies making their mark internationally! Keep an eye on S&S Power as they continue to power up projects worldwide. β¨
source: Corporate Announcement