Published On:July 21 2016
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BS Ltd. joint ventures bag orders for Rs. 157 cr.
BS Ltd. recently said its joint ventures with Jakson Ltd. and Vihan Enterprises have emerged the lowest bidder for projects worth Rs. 157.05 crore.
“The company was declared the L1 (Lowest) Bidder, in joint venture with Jakson Ltd, for Jharkhand Urja Sanchar Nigam Ltd. and U P Power Transmission Corporation Ltd; and, in joint venture with Vihan Enterprises, for MPPTCL projects,” BS Ltd. said in a BSE filing recently.
According to the statement, the bid amount for the said projects is Rs. 1,479.53 crore. The company was declared Ll (Lowest) bidder for Rs. 157.05 crore, while bids worth Rs. 824.97 crore are under process and bids aggregating Rs. 497.51 crore were lost.
The company won bids worth Rs. 48.99 crore, in joint venture with Jakson Ltd, from Jharkhand Urja Sanchar Nigam Ltd for construction of 220kv DC Transmission Line Jasidih—Dumka 80km.
It has also won bids aggregating Rs. 41.25 crore, in joint venture with Jakson Ltd, from UP Power Transmission Corporation Ltd for construction of (2X40MVA), 132133 KV substation Nawabganj (Gonda) and construction of 220t132/33kV S/s Bachrawan Raibareilly and 220t132133kV S/s Amethi Substation.
It has won bids aggregating to Rs. 66.81 crore, in joint venture with Vihan Enterprises, from MP Power Transmission Company Ltd for construction of 331220 kV Pooling Substation at Badwar along with Associated 220 kV DCDS Transmission line (Route length 3Kms) and for construction of 331220 kV Pooling Substation at Barsita Desh along with Associated 220 kV DCDS Transmission line (Route length 1.5 Kms).
It will also construct 331220 kV Pooling Substation at Ramnagar Pahad along Associated 22O kV DCDS Transmission line (Route length 3.5 Kms)
“BS Ltd has also bagged orders worth Rs. 6.45 crore for supply of power utilities, out of the total tendered bids worth Rs. 134.95 crore, while bids worth Rs. 128.50 crore are under process which include projects of PGCIL & GETCO.”