Salasar Tech-RVNL JV bags contract worth Rs 60 crore
Salasar Techno Engineering and Rail Vikas Nigam (RVNL) joint venture (JV) has secured a project from Energy Development Corporation for Rwanda Transmission System Reinforcement and Last Mile Connectivity project (TSRLMC) worth Rs 59.62 crore.
The scope of work includes plant design, supply & installation of 45.8 km, 110 KV double circuit Rukarara-Huye-Gisagara transmission lines.
Salasar Techno Engineering holds 51% stake in the joint venture company and the remaining 49% share will be held by Rail Vikas Nigam (RVNL).
The project is to be completed in 18 months and the cost of the project is $7.152 million which is equivalent to Rs 59.62 crore.