Siemens bags Rs.144 Crore power distribution contract from Bangaladesh

Siemens Ltd, has won two contracts worth Rs 144 crore for improving power distribution in Bangladesh. The contract awarded from Rural Electrification Board, Bangladesh to construct 38 new substations.
The projects are funded by Japan Bank for International Cooperation Agency (JICA) and are to be delivered on a turnkey basis, the statement said adding that the plants would be located in the Rajshahi Barisal zones in western Bangladesh.

The projects involve installing new and improving existing distribution facilities in the rural region west of Jamuna river.