Skipper Limited bags new orders worth INR 400crore from Colombia

In its quest to expand its global footprint through securing major international contracts in the T&D space, these new orders from the Latin American market  are a significant step in that direction.

Sharan Bansal, Director, Skipper Limited, stated, “The new orders are a result of our continued focus on growing our export revenues and are part of our long term Alliance agreements with Latin American TSO'S (Transmission system Operators). At Skipper Limited we provide high quality but cost effective solutions for global T&D Utilities and Contractors.”

With these new orders, Skipper now has an order book of INR 24 Billion at end of Q4 FY’15 in its T&D business, assuring a 24-month revenue.

Devesh Bansal, Director, Skipper Limited, stated, “There is a scope of augmented demand in the power T&D segment owing to development of mega transmission projects globally. Our top-line growth has been phenomenal with our revenue standing Rs.1165 Cr at FY 2013-14. Being one of the first companies in India to manufacture and supply 800 KV Transmission towers to PGCIL, today’s announcement is an account of our sustained focus on international markets which will develop more in times to come.”