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After the business closed on Wednesday, many companies including Power Grid have informed about getting orders. According to Power Grid, it has received a letter of intent related to a project. The other companies include Artefact Projects, Garden Reach Shipbuilders, BL Kashyap and Sons.

What information did Power Grid give?

Power Grid has informed that the company has proved to be a successful bidder in the tariff based competitive bidding for setting up the interstate transmission system for Rajasthan REZ Phase 4. According to the company, it has received the letter of intent on 18 September itself. Apart from this, the company has informed that it will set up a new transmission line and substation in Madhya Pradesh. What other information have other companies given? Garden Reach Shipbuilders has informed the stock market that it has received an order for the construction of 4 additional multipurpose vessels from an international company. The company already has to build 4 ships under this order. With the new order, the order size has now increased by 5.4 million dollars to 10.8 million dollars. This order has to be completed in 33 months. At the same time, BL Kashyap and Sons has informed that it has received a concrete and block work package from SSS Realty and Company. The order has to be completed in 20 months and the size of the order is Rs 221 crore. Artefact Projects has informed that it has received a contract related to consultancy service from the Ministry of Road Transport and Highways. Its size is Rs 1.09 crore and it is to be completed in 8 months. 

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