Salasar Techno Engineering wins Rs 3,640m EPC contract from TANGEDCO

Salasar Techno Engineering Ltd. (STEL), a leader in the engineering and infrastructure sector, has bagged a substantial Engineering, Procurement, and Construction (EPC) contract valued at Rs. 3,640 million from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO). This significant contract positions STEL as a key player in providing customized steel structures and EPC solutions to a range of industries, including telecom, power, and railways.

Project Scope and Impact

The contract, worth Rs. 3,640 million, focuses on executing loss reduction work in Turnkey Mode, enhancing power infrastructure in Tamil Nadu’s Erode district. STEL is entrusted with the supply, erection, and installation of Feder Segregation, High Voltage Distribution System, Separation of Double Distribution Transformer, and Augmentation of 33KV Lines. This project is pivotal for the region, with an expected completion timeline of 36 months and the potential for healthy EBITDA margins.

Management’s Vision and Commitment

STEL’s management team expressed their enthusiasm for the project, emphasizing the company’s dedication to delivering cutting-edge infrastructure solutions. The contract with TANGEDCO underlines STEL’s commitment to excellence and its capability to provide end-to-end solutions for complex electrical infrastructure initiatives. The team emphasized their focus on expanding operations, enhancing profitability, and maintaining their role as a reliable partner in power infrastructure development.

STEL’s Continuous Growth and Innovation

This contract win reinforces STEL’s dedication to securing integrated projects, demonstrating their proactive approach in identifying and pursuing new growth and innovation opportunities. With ongoing investments in network and technology, STEL remains committed to its mission of providing exceptional engineering and construction solutions, ensuring sustainable growth for stakeholders.

The contract win by Salasar Techno Engineering Ltd. from TANGEDCO is a testament to the company’s robust capabilities in the power sector and marks a significant milestone in enhancing Tamil Nadu’s power infrastructure.