Solartive Wins INR 230 Crore Power Transmission Tender From JBVNL
Solartive Techno secures a major INR 230 crore project from Jharkhand Bijli Vitran Nigam Limited to enhance power transmission and support rural and urban electrification under Mukhyamantri Ujjawal Yojana.
July 31, 2024. By EI News Network
Solartive Techno Industries Pvt. Ltd. has clinched a major INR 230 crore tender from Jharkhand Bijli Vitran Nigam Limited (JBVNL) for a major power transmission line project. This venture, awarded under the Mukhyamantri Ujjawal Jharkhand Yojana, aims to electrify both rural and urban areas across the state, marking a significant enhancement in Jharkhand’s infrastructure.
As per the firm's note, the project is set to improve the efficiency and reliability of power distribution, impacting residential, commercial, and agricultural sectors. By strengthening the state’s power transmission infrastructure, Solartive is expected to play a crucial role in fostering local development and economic growth. The initiative aligns with the Jharkhand government’s vision for inclusive progress and sustainable development.
Fayyaz Ashraf, Managing Director of Solartive Techno, expressed enthusiasm about the project, stating, “We are committed to supporting Jharkhand’s progressive development goals. The energy sector is pivotal in advancing agriculture, industry, and community welfare. Our track record of delivering successful projects reassures our dedication to this cause.”
The firm further claimed that with a robust history in implementing ESCO, solar, IoT-based IT, and infrastructure projects, Solartive Techno has a proven record of delivering value through innovative solutions. "The company has managed numerous initiatives under central and state government schemes, including Jal Jeevan Mission and PM-Kusum," said the firm in its note.
"The company is poised for significant growth, targeting a turnover of INR 1000 crore and an expanded workforce of 10,000 in the next two years," informed the firm in its note.
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