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Home » News » Ramky secures contracts for Ladakh power projects

Ramky secures contracts for Ladakh power projects

By | June 27, 2024 6:53 pm SHARE

Ramky secures contracts for Ladakh power projects
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Ramky Infrastructure Limited secures ₹131.19 crore in contracts from Power Grid Energy Services Limited for infrastructure enhancement under the RDSS in Ladakh.

Ramky Infrastructure Limited, a leading infrastructure development organisation, has obtained two orders from Power Grid Energy Services Limited to carry out the distribution of the Ladakh Power Development Department’s infrastructure works. The first contract, worth ₹ 107.39 Cr (excluding GST), and the second contract, worth ₹ 23.80 Cr (excluding GST), for the supply of plant and installation services in the districts of Leh and Kargil of UT Ladakh.

PowerGrid Energy Services Limited, a wholly-owned subsidiary of PowerGrid Corporation of India Limited, has awarded the contracts to Ramky Infrastructure Limited for 30 months of execution. The contracts were granted for loss reduction work in the Leh district through the Revamped (results-linked) Distribution Sector Scheme (RDSS).

The RDSS system is intended to reduce aggregate technical and commercial (AT&C) losses in Ladakh, expected to fall from 49.04 percent in 2021–22 to 27.85 percent by 2024–25. The RDSS, which has a sanctioned cost of ₹ 687.05 crores, involves grid connectivity in the Changthang Region, downline infrastructure in the Zanskar Region, and loss reduction works in the Leh and Kargil Districts of the UT of Ladakh.

The project’s scope broadly includes the building and commissioning of seven 66KV power substations, 70 km of new distribution lines, 550 km of AB cable reconditioning, and the installation of about 400 distribution transformers.

On receiving the contracts in India’s northernmost union territory, Y. R. Nagaraja, Managing Director of Ramky Infrastructure Limited, states, “We are pleased to be awarded the contracts for the loss reduction works in the Leh district of the Ladakh union territory as it reflects our commitment and adherence to quality standards. This project strengthens our expertise in designing urban infrastructure projects in tough and complex terrains. We anticipate signing the contract in late 2027 or early 2028.

With these projects, the government hopes to increase operational efficiency and financial sustainability. They will provide DISCOMs with results-based financial assistance for improving supply infrastructure, subject to satisfying pre-qualifying conditions and reaching fundamental benchmarks.

For more information, visit: https://ramkyinfrastructure.com/

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