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November 21, 2024
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Ramky Infrastructure wins contracts worth ₹131.19 crore for Ladakh power projects, ET EnergyWorld


New Delhi: Ramky Infrastructure Limited has secured two contracts totaling ₹131.19 crore from PowerGrid Energy Services Limited to enhance the power distribution infrastructure in Ladakh. The first contract, valued at ₹107.39 crore, and the second, at ₹23.80 crore, are aimed at the supply and installation of plant services respectively, in the Leh and Kargil districts of the Union Territory of Ladakh.These contracts, awarded by PowerGrid Energy Services, a subsidiary of PowerGrid Corporation of India Limited, are to be executed within 30 months. They are part of the loss reduction initiatives under the Revamped Distribution Sector Scheme (RDSS) targeting improvements in the Leh district.

The RDSS is designed to reduce the Aggregate Technical & Commercial (AT&C) losses in Ladakh from 49.04 per cent in the 2021-22 period to 27.85 per cent by 2024-25, with a sanctioned budget of Rs. 687.05 crores. The comprehensive scheme includes the grid connectivity of the Changthang Region and the downline infrastructure enhancement in the Zanskar Region along with specific loss reduction works in Leh and Kargil.

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Under the scope of these projects, Ramky Infrastructure will undertake the construction and commissioning of seven 66KV electricity substations and lay 70 km of new electricity distribution lines. Additionally, the company will recondition 550 km using AB cable and install approximately 400 distribution transformers.

Y. R. Nagaraja, Managing Director, Ramky Infrastructure Limited, commented on the development: “We are pleased to be awarded the contracts for the loss reduction works in the Leh district of the Ladakh union territory, which 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.”

These projects are part of the government’s efforts to enhance operational efficiency and financial sustainability in the region’s power sector. They include providing result-based financial aid to DISCOMs for strengthening supply infrastructure, contingent on meeting pre-qualifying criteria and achieving fundamental benchmarks.

  • Published On Jun 28, 2024 at 07:12 AM IST

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