Ramky Infra bags contract worth Rs 131 crore for Ladakh power projects

Leh, June 29: To enhance the power distribution infrastructure in Ladakh union territory the Power Grid energy services, a subsidiary of PowerGrid Corporation of India Limited awarded two contracts totalling Rs 131 crore in Ladakh.

Ramky Infrastructure Limited has secured two contracts totalling Rs 131.19 crore from PowerGrid Energy Services Limited to enhance the power distribution infrastructure in Ladakh. The first contract, valued at Rs 107.39 crore, and the second, at Rs 23.80 crore, are aimed at the supply and installation of plant services respectively, in the Leh and Kargil districts of the Union Territory of Ladakh, sources said.

These contracts, awarded by PowerGrid Energy Services, a subsidiary of PowerGrid Corporation of India Limited, are to be executed within 30 months. They are part of the loss reduction initiatives under the Revamped Distribution Sector Scheme (RDSS) targeting improvements in the Leh district. The RDSS is designed to reduce the Aggregate Technical & Commercial (AT&C) losses in Ladakh from 49.04 per cent in the 2021-22 period to 27.85 per cent by 2024-25, with a sanctioned budget of Rs. 687.05 crores.