KLG Systel secures Rs 720 mn Projects from Rajasthan for Power System Solution division

KLG Systel Ltd has announced the following:

1. In 2005-06, the Company was awarded a technical consulting assignment to suggest improvements in the 11 KV High Voltage Distribution System for the areas of Banswara and Chittorgarh by Ajmer Vidyut Vitran Nigam Ltd. Using its SG6I technology the Company proposed a renovation program, which was accepted by the Rajasthan Government. Consequently, the Company has now been awarded the execution of order worth Rs 600 million, 11 KV system for renovation for these areas. The system will cover total 105 11 KV feeders serving domestic rural consumers in these areas and is proposed to provide 24 hours electricity to domestic consumers in villages. Project is expected to be completed in six months period. As per the Company design, the project is expected to result in the reduction of Aggregate Transmission and Distribution (AT&C) losses from presently 42% to 15%.

2. Jodhpur Vidyut Vitran Nigam Ltd has appointed the Company to carry out revenue management and hand held computer based spot billing for all its 900000 rural consumers. It is expected to reduce commercial losses in the rural areas by about 10%. Order value is Rs 120 Million.

Source : Equity Bulls

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