Alstom T & D India Ltd has won an order worth approximately Rs. 790 million (Euro 9 million) from Power Grid Corporation of India Limited to provide 14 shunt reactors for the 765 kV electrical substations at Kanpur and Jhatikara in the Uttar Pradesh state. The projects are due for delivery in 2015.
Alstom's shunt reactors will have the highest power rating installed on India's Extra High Voltage (EHV) 765 kV electrical grid. The reactors are designed to maintain the 765 kV voltage level, whatever the load, by limiting transient over-voltages which can occur due to sudden load decreases.
All 765 kV equipment for these projects will be manufactured in Alstom's transformer and reactor manufacturing facility at Vadodara in Gujarat, India.
Shares of Alstom T & D India Ltd was last trading BSE at Rs.174.45, down by Rs.1.40 or 0.80%. The stock hit an intraday high of Rs.178 and intraday low of Rs.171.55.
The total traded quantity was 0.11 lakh shares as compared to 2 week average of 0.20 lakh shares.
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