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SALASAR
has been awarded two significant contracts worth ₹695.18 crore by RVNL
for distribution infrastructure development in Himachal Pradesh. The contracts comprise ₹524.99 crore for service support and procurement management of electrical and mechanical items, and ₹170.19 crore for erection work across Mandi, Bilaspur, Kullu, and Hamirpur operation circles under the Revamped Distribution Sector Schemes aimed at loss reduction for Himachal Pradesh State Electricity Board Limited.
Both projects are scheduled for completion within 20 months and represent a substantial addition to the company's order book, potentially enhancing its market position in the infrastructure sector. The contracts are domestic in nature with no related-party transactions involved, following the General Condition Contract framework.
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