Laser Power Secures Rs 8.36 Billion Orders From NTPC, State Utilities
POWER & RENEWABLE ENERGY

Laser Power Secures Rs 8.36 Billion Orders From NTPC, State Utilities

City-based integrated power cables and conductors manufacturer Laser Power & Infra Limited on Wednesday announced that it has secured Rs 8.36 billion in new orders from NTPC and two state utilities for the supply of power cables and related equipment.

The orders, awarded under the Revamped Distribution Sector Scheme (RDSS), have been placed by NTPC, Kanpur Electric Supply Company Ltd (KESCo) and Jodhpur Vidyut Vitran Nigam Limited (JDVVNL), the company said in a statement.

The key contracts include:

Rs 4.2211 billion from KESCo, Uttar Pradesh, for system strengthening,

Rs 2.1206 billion from NTPC for loss-reduction works in Udhampur and Reasi, Jammu & Kashmir, and

Rs 2.0213 billion from JDVVNL, Rajasthan, for feeder segregation and infrastructure development.

“While these projects are executed on a turnkey basis, the real value comes from the volumes of cables and conductors we supply from our integrated plants in West Bengal,” said Deepak Goel, Chairman and Managing Director.

Founded in 1988, the Kolkata-based company recently filed its draft red herring prospectus (DRHP) for a Rs 12 billion IPO, comprising a Rs 8 billion fresh issue and a Rs 4 billion offer for sale.

Laser Power reported Rs 25.7 billion in revenue from operations and a Rs 1.06 billion profit after tax, the statement added.

City-based integrated power cables and conductors manufacturer Laser Power & Infra Limited on Wednesday announced that it has secured Rs 8.36 billion in new orders from NTPC and two state utilities for the supply of power cables and related equipment. The orders, awarded under the Revamped Distribution Sector Scheme (RDSS), have been placed by NTPC, Kanpur Electric Supply Company Ltd (KESCo) and Jodhpur Vidyut Vitran Nigam Limited (JDVVNL), the company said in a statement. The key contracts include: Rs 4.2211 billion from KESCo, Uttar Pradesh, for system strengthening, Rs 2.1206 billion from NTPC for loss-reduction works in Udhampur and Reasi, Jammu & Kashmir, and Rs 2.0213 billion from JDVVNL, Rajasthan, for feeder segregation and infrastructure development. “While these projects are executed on a turnkey basis, the real value comes from the volumes of cables and conductors we supply from our integrated plants in West Bengal,” said Deepak Goel, Chairman and Managing Director. Founded in 1988, the Kolkata-based company recently filed its draft red herring prospectus (DRHP) for a Rs 12 billion IPO, comprising a Rs 8 billion fresh issue and a Rs 4 billion offer for sale. Laser Power reported Rs 25.7 billion in revenue from operations and a Rs 1.06 billion profit after tax, the statement added.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code