Integrated power transmission and distribution company, Transrail Lighting Limited, has forayed in the substation and railways electrification businesses and secured orders worth Rs 395 crore which are now in execution stage.
The substation mandate includes orders from Madhya Pradesh Power Transmission Co. Ltd (MPPTCL) for two 400 kV substations and from Chhattisgarh State Power Transmission Co. Ltd (CSPTCL) for three 220 kV substations.
Transrail bagged the Railway Electrification order from IRCON International Limited for electrification of over 200 track km in Madhya Pradesh.
Commenting on the market opportunity, Mr. D.C. Bagde, Managing Director, Transrail Lighting Limited said, “With Government’s focus on bringing down the aggregate technical and commercial (AT&C) losses, T&D spending is expected to gravitate towards substations. An estimated 300,000 MVA of substation capacity addition over the 13th Five Year Plan (2017-2022) represents a huge opportunity for T&D players and Transrail is hoping to corner a meaningful part of it.”
Elaborating on the opportunities in the railway electrifications, Mr. Bagde added, “The government has proposed to run India’s entire rail network on electricity to cut down on pollution and its diesel bill. The government’s plan of working towards electrification of over 30,000 km of tracks over the next five years is expected to augur well for the company. Further, laying of new tracks also presents a vast opportunity for the sector and Transrail.”
Mr. Bagde further added, “Substations and Railway Electrification have become Transrail’s key business verticals. We have been focusing on diversifying into new sources of growth by capitalising on our knowledge, capabilities, experience and existing infrastructure related to turnkey EPC project management. Leveraging on these competencies, we choose to expand in promising business spaces within the adjacencies of our existing business.”
About Transrail Lighting Limited
Transrail Lighting Limited (Transrail) is a leading EPC company with over three decades of experience in providing comprehensive solutions on the turnkey basis globally. Transrail has presence across power transmission and distribution, lighting infrastructure, substations and railways. The company has in-house manufacturing facilities for towers, conductors and poles. Transrail’s solutions range from design, testing to fabrication, supply of materials, erection, stringing and commissioning. Transrail’s lighting infrastructure solutions business designs and installs engineered polygonal galvanised poles for power T&D, high mast, street lights and stadium mast, among others. Transrail caters to customers across India, Africa, Americas and Asia.