Advertisement
Laser Power & Infra has received utility project orders worth INR 836 crore from NTPC, Kanpur Electric Supply Company (KESCo) and Jodhpur Vidyut Vitran Nigam Ltd. The projects fall under the Revamped Distribution Sector Scheme and involve supplying the company's in-house manufactured power cables, conductors and system-strengthening materials. KESCo awarded the largest share, followed by NTPC and JDVVNL. The company, which recently filed IPO papers to raise INR 1,200 crore, continues to expand its position in India's power distribution industry, supported by integrated manufacturing facilities in West Bengal.
Laser Power & Infra announced that it has received new utility orders amounting to INR 836 crore from NTPC, Kanpur Electric Supply Company Ltd (KESCo) and Jodhpur Vidyut Vitran Nigam Ltd. These orders were confirmed during the past week and are part of the Revamped Distribution Sector Scheme, which focuses on strengthening power distribution networks across the country. All awarded projects require the supply of the company's internally manufactured power cables, conductors and system-strengthening materials. Advertisement
Out of the total value, KESCo placed orders worth INR 422.11 crore, followed by NTPC with INR 212.06 crore, and JDVVNL with INR 202.13 crore. Laser Power & Infra has been associated with multiple power distribution utilities over the years, and these new contracts add to its ongoing project portfolio in the RDSS segment.
Deepak Goel, Chairman and Managing Director of Laser Power & Infra, stated in a company release that the organisation has been built over more than three decades with a focus on manufacturing and backward integration. He noted that this integration supports cost efficiency, strengthens supply reliability and enables consistent delivery of power cables from its facilities. He also mentioned that while the projects follow a turnkey model, the main value for the company arises from the large volumes of cables and conductors manufactured and supplied from its West Bengal plants.
The company recently filed preliminary documents with the market regulator to seek approval for an initial public offering. The proposed INR 1,200 crore IPO consists of a fresh issue of equity shares worth INR 800 crore and an offer for sale amounting to INR 400 crore. Laser Power & Infra, incorporated in 1988, provides power cables, conductors, specialised products and compounds used in India's power transmission and distribution sector. It currently operates three manufacturing units in West Bengal with a combined capacity of 73,100 metric tonnes as of the end of March 2025.
For FY25, the company reported revenue from operations of INR 2,570 crore and a profit after tax of INR 106 crore, reflecting its sustained presence in the domestic power infrastructure market.
Source PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
