Godrej & Boyce Mfg. Co. Ltd announced this week that its division Godrej Electricals & Electronics has secured orders worth over INR 2,000 crore ($244 million) from power transmission, railways, and solar sectors. The projects include engineering, procurement and construction (EPC) for extra-high-voltage (EHV) substations of 400 kV and 765 kV across India, a gas-insulated substation (GIS) with 220 kV underground cable in Mumbai, and a 132 kV substation project in Nepal.
In the solar segment, the company has secured an order for a 20 MW ground-mounted solar plant in West Bengal. The order supports the business’ aim to grow its solar EPC portfolio by 30% annually over the next three years.
Godrej Electricals & Electronics has marked its entry into railway electrification with a project of over INR 900 crore from Indian Railways to construct traction substations and associated works. The project is a part of ‘Mission Raftar’ for upgrading speed to 160 kmph/200 kmph on the existing New Delhi-Howrah Route and between Mathura-Palwal on the existing New Delhi-Mumbai Routes.
Raghavendra Mirji, senior vice president & business head of Godrej Electricals & Electronics, said, “These orders align well with our diversification strategy to strengthen the power transmission sector and enter the Railways and International Segments. With the substation orders in Power Transmission, we have now diversified our customer base to include non-utility clients, in addition to the current power utilities. With these orders, G&B has expanded its portfolio in EHV Cable, EHV Substation, Traction Substation & Solar projects across India as well as in Nepal.”
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