RTS Power Corporation secures new orders

RTS Power Corporation Ltd on November 19, 2007 has announced that the Company has bagged new Orders worth Rs 526.76 Million for the supply of 4735 Transformers and 1621.6 km Cables from a number of turnkey Projects and other Private Sector players and SEBs.

The Company has bagged Orders worth about Rs 240 million from Kalpataru Power Transmission for the supply of Transformers. Apart from this, the Company has bagged Orders from Sterling & Wilson, Nagarjuna Construction, Ramky Infrastructure and Associated Transrail Infrastructure Ltd. However, the total Orders in hand at present stands at Rs 1244.86 Million.

To expand new business dimensions, the Company has successfully been able to rope in
leading private players in the field of T & D namely Kalpataru Power, Nagarjuna
Construction, Bajaj Electricals, Emco, Genus Infra, Subhash Projects, Associated Transrail, Jyoti Structures, Indo Power, Sterling & Wilson, Angelique International, K B Const, Samad Engg (Dhaka), etc.

Recently the Company had started production of Single Phase Transformers to meet the growing demand under Rajiv Gandhi Grameen Vidhhyutikaran Yojana (RGGVY). It has completed first phase of its expansion plan, including installation of its cable and conductor plant at Jaipur. Further, the Company has acquired land for expansion at its Salkia Unit to manufacture Transformers upto 25MVA, 66KV class Transformers. The Company plans to add new facilities to cater to the requirements of 220 KV class.