Shares of Jyoti Structures Ltd gained 2% on 16 October after the company announced securing a Notification of Award worth Rs 288.36 crore from AESL Projects Limited.
In an exchange filing, Jyoti Structures said, “We wish to inform you that the Company has received a Notification of Award from AESL Projects Limited.”
According to the order’s conditions, Jyoti Structures will be responsible for the turnkey supply of towers, survey, soil research, foundations, erection, stringing, testing, and commissioning of a segment of the +800 kV HVDC Bhadla 3 – Fatehpur transmission line.
The corporation stated that the project is expected to be completed in 36 months from the notification of award.
Jyoti Structures specialises in creating infrastructure for the transmission of extremely high-voltage electrical power.
With expertise in delivering end-to-end solutions, the business manages turnkey projects that span the whole lifespan, from design and testing to manufacturing, constructing, and commissioning transmission lines, substations, and power distribution networks in India and around the world.
The company’s towers and buildings are critical to maintaining power transmission grids, ensuring that electricity reaches millions of consumers in homes, workplaces, schools, farms, and industries.
From conceptual design to final completion, Jyoti Structures is dedicated to providing creative, sustainable solutions while working closely with clients to transform their projects into efficient and competitive infrastructure.
At 12:17 pm, the shares of Jyoti Structures were trading 0.34% higher at Rs 14.66 on NSE.
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