S&S Power's UK Subsidiary Bags Multi-Crore Scottish Order! π¬π§
Hey there, finance enthusiasts! π We’ve got some exciting news from S&S Power Switchgears Limited (S&SPOWER) that’s worth a closer look.
The company recently announced that its wholly-owned UK subsidiary, Acrastyle Ltd, has successfully bagged a significant new order! The contract comes from SP Transmission plc, a key player in the energy transmission sector, and involves the supply of crucial Protection Panels for several projects across Scotland, UK. π΄σ §σ ’σ ³σ £σ ΄σ Ώ
So, what’s the big deal? This isn’t just any order; it’s valued at over Rupees 10 Crores! π° That’s a substantial win, especially for a specialized product like protection panels, which are vital for the safe and efficient operation of electrical substations.
The delivery of these panels is set to commence this financial year, with the entire project expected to be executed within an 18-month timeframe. This indicates a steady flow of work and revenue for Acrastyle Ltd, strengthening S&S Power’s international footprint.
This order highlights S&S Power’s expertise and its subsidiary’s capability to secure and deliver on international projects, reinforcing its position in the global power infrastructure market. It’s always great to see Indian companies making their mark on the international stage! Keep an eye out for more updates from S&S Power as they continue their journey. β¨
source: Corporate Announcement
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