Power trans­mis­sion busi­ness is in the spot­light now

Electrical Monitor - - INTERVIEW -

BS made im­mense con­tri­bu­tion to the Na­tional Grid by its 765kV Raichur-So­la­pur line that in­te­grated the iso­lated south­ern grid. What are your plans in the field of in­de­pen­dent power trans­mis­sion (BOOM projects)? Have you been bid­ding re­cently for in­ter­re­gional and even in­trastate projects? We are proud to have been part of the pres­ti­gious Raichur-Sho­la­pur pro­ject that is bring­ing the na­tion’s en­ergy blue­print into re­al­ity. With the com­mis­sion­ing of the line, we now have a syn­chro­nous sin­gle-fre­quency Na­tional Grid in op­er­a­tion. This is even more sig­nif­i­cant be­cause of the op­por­tu­nity the power-starved south­ern states now have to draw elec­tric­ity from the power-sur­plus north­ern states.

BS Ltd is an in­te­grated ser­vice provider in the power in­fra­struc­ture space with a ca­pac­ity to pro­duce up to 7.36 lakh tonnes of trans­mis­sion tow­ers (be­sides steel rolling mill of 1.2 lakh tonnes) and ex­e­cu­tion ca­pa­bil­ity rang­ing up to 1200kV in T&D lines and 440kV in sub­sta­tions. This lends us sig­nif­i­cant strength to ex­e­cute large BOOM projects with pre­ci­sion. We are keen to em­bark on new projects with BOOM model.

The com­pany is par­tic­i­pat­ing ac­tively in the bid­ding process and is await­ing the right op­por­tu­nity to con­trib­ute to­wards strength­en­ing the power in­fra­struc­ture in the coun­try, lead­ing to na­tion build­ing. Last year, as we un­der­stand, BS made a strate­gic ac­qui­si­tion of four en­ti­ties. Tell us how this ac­qui­si­tion is ex­pected to bol­ster your EPC busi­ness.

BS Ltd an­nounced ac­qui­si­tion of func­tional as­sets of four com­pa­nies for a net con­sid­er­a­tion of ₹ 937 crore on a slump-sale model. Apart from syn­er­getic fit, this ac­qui­si­tion also gives us a strate­gic one-up­man­ship to seize the op­por­tu­ni­ties in the T&D space, es­pe­cially with the govern­ment fo­cus­ing on this seg­ment within the power sec­tor.

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