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Press Release Monday, September 08, 2008

ICSA INDIA Secures Work Orders worth Rs. 236.14 crores

From correspondents in Andhra Pradesh, India, 09:05 PM IST

ICSA India Ltd., which provides embedded technology solutions for the power sector, has secured work orders for a total contract value of Rs. 236.14 crores from Mahavitaran (Maharashtra State Electricity Distribution Co. Ltd.) and M.P. Paschim Kshetra Vidyut Vitaran Co. Ltd.

The Rs. 204.22 crore order from Mahavitran was for the construction and commissioning of sub transmission lines, power transformers, new substations, augmenting of existing substations, distribution transformers of varying capacities and allied works.

The second order worth Rs. 31.92 crore from M.P. Paschim Ksehtra Vidyut Vitaran Co. Ltd. was for the supply of material, survey, erection and installation, and commissioning of 11 KV line and bays with VCB and metering.

“A swelling order book position reinforces the company’s capabilities in the transmission and distribution sector. We hope to complete schedules in good time, and be one of the sought after companies in the Power distribution sector.” said Mr. C. Bala Reddy, CMD, ICSA India Ltd.

ICSA’s solutions for the power sector identify Transmission and Distribution (T&D) losses and monitor power consumption using GSM Network. The Company has made commendable progress in the embedded technology segment of the Power Sector with products like Substation Controllers, Distribution Transformer Controllers, and Automatic Meter Reading Systems.

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