Voltas subsidiary UMPESL wins Rs 18bn power distribution project orders
Voltas Ltd. Said that its fully-owned subsidiary Universal MEP Projects & Engineering Services (UMPESL) has won multiple SITC project orders in the electrical power distribution business, worth around INR 1,770 crores for FY 22-23.
The orders include a solar power project, said Voltas, which is part of the Tata Group.
According to Voltas, the orders were made on a highly competitive marketplace and will help more than 46 million Indians in states such as Uttar Pradesh, Madhya Pradesh, Odisha, West Bengal, and Karnataka.
UMPESL and its experience within its expertise in the power distribution sector over the last few years has taken over these projects to assist India’s government’s aim of providing 100% high-quality reliable, affordable electricity to households and customers all over India, said Voltas.
According to Voltas, UMPESL was awarded project orders that span 26 districts in Uttar Pradesh, West Bengal, Madhya Pradesh, Karnataka, and Odisha.
A number of state-owned distribution firms and private players, such as MVVNL in Uttar Pradesh, MPPKVVCL along with MPMKVVCL in Madhya Pradesh, WBSEDCL in West Bengal, TPCODL in Odisha as well as Sembcorp in Karnataka which have given those projects to UMPESL.
Pradeep Bakshi — Voltas Managing Director and CEO and UMPESL Managing Director said: “We are proud of the remarkable feat achieved by UMPESL in securing these SITC project orders, which is a testament to our proven track record in the power distribution sector. It highlights our technical capabilities and strong execution capabilities in the sector.
“We remain committed to supporting the government’s mission of providing 100% quality, reliable, and affordable power supply to consumers and households across India, and we are confident of executing these projects to the highest standards.”
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.