PIRE BUSINESS OF GODREJ ELECTRICALS & ELECTRONICS BAGS OVER `2000 CR WORTH OF ORDERS

Godrej Electricals & Electronics, a business of Godrej & Boyce, forayed into the Power Transmission business in 2010…

The Power Infrastructure and Renewable Energy (PIRE) business of Godrej Electricals & Electronics, a business unit of Godrej & Boyce Mfg. Co. Ltd has secured orders worth over `2000 Cr from Power Transmission, Railways, and Solar Projects. The projects include EPC for EHV substations of 400kV & 765kV across India, a GIS Substation with 220kV underground cable in Mumbai and a 132kV Substation project in Nepal.

In the solar segment, the company has secured an order for a ground-mounted solar plant of 20MW in West Bengal. The order supports the business’ aim to grow its solar EPC portfolio by 30% annually over the next three years and promote Energy conservation. The business marks its entry into railway electrification with a project of over `900 crores from Indian Railways for the construction of traction substations and associated works. The project aligns with India’s vision of modernizing its railways and promoting sustainable transportation. The project is a part of ‘Mission Raftar’ for upgrading speed to 160Kmph/200Kmph on the existing New Delhi-Howrah Route and between Mathura-Palwal on the existing New Delhi-Mumbai Routes.

Commenting on the development, Raghavendra Mirji, Senior Vice President & Business Head, Godrej Electricals & Electronics, said, “These orders align well with our diversification strategy to strengthen the power transmission sector and enter the Railways and International Segments. With the substation orders in Power Transmission, we have now diversified our customer base to include non-utility clients, in addition to the current power utilities.”

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