Swastika Infra Limited has secured a letter of award (LoA) worth approximately Rs 6.16 billion from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing and strengthening distribution infrastructure in the Bhandup Zone of Maharashtra.
The scope of the order includes development of new substations, high-tension and low-tension lines, and distribution transformers, augmentation of existing infrastructure, underground cabling, renovation works, GIS mapping and asset tagging, among other works. The project is funded by the Asian Development Bank and is scheduled to be completed within 24 months from the date of the LoA.