Bajaj Electricals bags Rs 565 cr contract from South Bihar Power Distribution Company
)
10:56 AM IST
Bajaj Electricals on Saturday said its EPC division has bagged a contract worth Rs 564.87 crore from South Bihar Power Distribution Company Ltd (SBPDCL).
The contract is for supply of goods and services by SBPDCL, a domestic entity, under the Revamped Distribution Sector Scheme (RDSS), the company said in a regulatory filing.
The work includes the supply of plant and installation services for the development of distribution infrastructure of electric supply circle Sasaram and Munger of Bihar, it added.
The projects, whose aggregate value is Rs 564.87 crore "shall be completed within 30 months from the date of issue of contracts," it added.
Bajaj Electricals is a part of the country's leading business house Bajaj Group. It had a turnover of Rs 4,813 crore in FY22.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
8th Pay Commission Pension Calculations: Is your current pension Rs 22,450, Rs 33,850, or Rs 39,400; know how much it can be at 2.0, and 2.08 fitment factors
)
Power of Compounding: How soon Rs 11,000/month SIP can generate Rs 2 crore & Rs 3 crore retirement corpus?
)
Rs 58,860 Home Loan EMI vs Rs 58,860 SIP: Which can lead to quicker path to purchase Rs 77 lakh home? See calculations
)
FD Rates for Rs 5.5 Lakh One-Time Investment: Compare SBI, HDFC Bank, ICICI Bank, PNB, post office 3-year fixed deposit returns
)
PPF Calculation: How much will you earn in 18 years by investing Rs 5,000, Rs 7,000, and Rs 10,000 monthly in Post Office Public Provident Fund?
)
Stocks to buy for long term: Analysts recommend buying largecap, midcap, smallcap stocks; note down targets
)
Power of Compounding in One-time Investment: Rs 2.50 lakh investment for 30 years vs Rs 12 lakh for 16 years vs Rs 15 lakh for 14 years; which can give highest return?
)
SBI, PNB, HDFC Bank, ICICI Bank Senior Citizens FD Rates: Know maturity on Rs 3,33,333 investment in 5-year FD schemes of these leading banks
10:56 AM IST