Ramky Infrastructure Ltd has reported the winning of two orders related to works under the Revamped Distribution Sector Scheme (RDSS) from Powergrid Energy Services Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL).
The two orders, together valued at Rs.131.19 crore, are scheduled to complete in 30 months. The broad details of the two orders are:
Contract: Supply of plant contract for loss-reduction work under RDSS in Leh district under implementation of distribution of infrastructure works of LPDD under RDSS in the districts of Leh & Kargil of UT of Ladakh (LPDD = Ladakh Power Development Department)
Value: Rs.107.39 crore
Completion: 30 months
Contract: Supply of installation services contract for loss-reduction work under RDSS in Leh district under implementation of distribution of infrastructure works of LPDD under RDSS in the districts of Leh & Kargil of UT of Ladakh
Value: Rs.23.80 crore
Completion: 30 months
The RDSS scheme is intended to minimize the Aggregate Technical & Commercial (AT&C) losses in Ladakh, which are projected to be reduced from 49.04 per cent in 2021-22 to 27.85 per cent by 2024-25. With a sanctioned cost of Rs.687.05 crore, the RDSS includes the grid-connectivity of the Changthang Region, Downline infrastructure in the Zanskar Region along with the Loss Reduction works in the Leh and Kargil Districts of UT of Ladakh.
According to Y. R. Nagaraja, Managing Director, Ramky Infrastructure Ltd, “We are pleased to be awarded to execute the contracts for the loss reduction works in the Leh district of the Ladakh union territory as it reflects our commitment and adherence to quality standards. This project enhances our capability to develop urban infrastructure projects in challenging and complex terrains. We look forward to executing the contract by late 2027 or early 2028.”
According to information available with T&D India, Powergrid Energy Services Ltd (PESL) was incorporated in March 2022, as a wholly-owned subsidiary of PGCIL, to undertake the role of project management consultant for emerging business areas like energy management, power T&D, EV charging, energy storage, etc.
On December 8, 2023, PESL signed a supplementary agreement with Ladakh Power Development Department (LPDD) for implementation of Border Area Works of Ladakh UT sanctioned under RDSS Scheme. [It appears that the aforementioned contracts awarded to Ramky Infrastructure relate to this agreement.]
Earlier, in February 2023, PESL entered into two agreements for project implementation services for design, engineering, procurement, supply, erection, testing and commissioning works of distribution infrastructure works under RDSS with Jammu Power Distribution Corporation Ltd (JPDCL) and Kashmir Power Distribution Corporation Ltd (KPDCL), in various districts of the UT of Jammu & Kashmir, to be implemented in two years.
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