Continental Petroleums Limited(BSE:523232) has bagged a Rs 32.64 crore order from Jaipur Vidyut Vitran Nigam Limited for developing power distribution infrastructure at Jhalawar in Rajasthan on a turnkey basis.
Jaipur Vidyut Vitran Nigam Limited has awarded a Letter of Intent to Continental Petroleums for development of distribution infrastructure work for segregation of 11KV mixed feeders at Jhalawar of Jaipur Discom under the revamped reforms-based and results linked distribution sector scheme.
Commenting on the development, Madan Lal Khandelwal, Chairman and Managing
director, CPL, said, “We are glad to have bagged this prestigious order for developing the
distribution infrastructure for Jaipur Vidyut Vitran Nigam Limited, Power transmission and
distribution EPC has been a core area of focus for us and we are looking to strengthen our
presence in this segment in a big way moving forward. We believe this order will not just give a boost to our top line but will also help enhancing our presence and reach in the EPC business across the country.”
Continental Petroleums Limited (CPL) is one of the leading manufacturers of industrial
Lubricants & Greases in India, manufacturing a wide range of premium quality lubricants for Automotive & Industrial Application, under the registered brand name of “CONTOL”. The
company is also engaged in Common Treatment Disposal / Incineration of hazardous waste
viz. solid, liquid and aqueous and EPC projects particularly in Power transmission and distribution infrastructure.