Hartek bags Rs 138 crore contract for 400 kV substation from Power Grid 
News Updates

Hartek bags Rs 138 crore contract for 400 kV substation from Power Grid

Hartek on Wednesday said it has secured a contract worth Rs 138 crore from state-owned Power Grid in Karnataka

PTI

New Delhi: EPC player Hartek on Wednesday said it has secured a contract worth Rs 138 crore from state-owned Power Grid in Karnataka.

The contract is for development of a 400 kilovolt substation, the company said in a statement.

PSU Watch is now on Whatsapp Channels. Click here to join

The scope of work involves design, engineering, procurement, construction, testing at the manufacturer's works, supply, unloading, storage, erection, testing, and commissioning, ensuring turnkey delivery of the AIS substation, it said.

"The development of the 400kV AIS Substation under the TBCB (Tariff-Based Competitive Bidding) route reinforces Hartek's expertise in delivering high-voltage transmission projects and aligns with our commitment to supporting India's renewable energy integration goals.

"This project will strengthen the national grid and accelerate the green energy transition, contributing meaningfully to the nation's sustainable growth story," Simarpreet Singh, Executive Director & CEO of Hartek Group, said.

Hartek is an engineering, procurement, and construction (EPC) company in the power & renewable infrastructure sector.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Stock markets surge in early trade on foreign fund inflows, firm global trends

PM unveils Rs 10,601-crore fertiliser plant in Assam, unit to be commissioned by 2030

NHPC to begin commercial operation of 2nd unit of Subansiri hydro project on Tuesday

India adds 50GW RE capacity with Rs 2 lakh crore investment in 2025; to keep momentum in 2026

Govt holding in IOB declines to 92.44% after share sale