Step Industries bags Rs 132-cr rural electrification project

| | Ranchi
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Step Industries bags Rs 132-cr rural electrification project

Wednesday, 15 May 2019 | PNS | Ranchi

Step Industries Pvt. Ltd, a cable and wire manufacturing company, has bagged a rural electrification project over Rs 132 crore from Jharkhand Bijli Vitran Nigam ltd.

This would be a full scale supply and erection (Composite contract) rural electrification project comprising East Singhbhum, West Singhbhum & Saraikela-Kharsawan districts on a turnkey basis under the Jharkhand Sampurna Bijli  Achchhadan Yojna(JSBAY) Phase-1.

The project is a full scale electrification project and would include services like site survey to installation of poles and commissioning etc. and will be completed over a period of 18 months.

“We are proud to partner with JSBAY to enable rural electrification of masses in districts of Singhbhum, West  Singhbhum & Saraikela-Kharsawan. It's a testimony of our commitment in making India power ready .We look forward to work closely with Jharkhand Bijli Vitran Nigam to drive the transformation” said Ankit Tayal, co-founder Step Industries.

Step Industries is a Delhi based cable and wire manufacturing company and specializes in EPC (Engineering Project Construction) contracts and is currently a key contributor in many central & state electrification schemes like ‘Saubhagya Yojna’, IPDS (Integrated Power Development Scheme), R-APDRP etc.

In a short span of seven years, the company has grown tremendously and has partnered with many government and corporate conglomerates to deliver critical power projects around rural electrification in Tier 2, 3 and 4 towns.

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