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ITI Limited Secures ₹300 Crore Solar Street Light Order, Expands EVM Business

19 September 20243 mins read by Angel One
ITI Limited wins a ₹300 crore order for 1,00,000 solar street lights in Bihar, adding to 80,000 already in progress. Also, received the first EVM order from West Bengal.
ITI Limited Secures ₹300 Crore Solar Street Light Order, Expands EVM Business
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ITI Limited, the country’s first PSU established after independence and a leading telecom manufacturer, has secured an order worth around ₹300 crore from the Bihar Renewable Energy Development Authority (BREDA). This order is for the supply and installation of 1,00,000 solar street lights for the Bihar State Government. It adds to the 80,000 solar street lights that the company is already installing in Bihar under a previous project.

ITI Limited’s Naini Plant, which has been producing solar panels for 6 years, will handle this new order under the “Mukhyamantri Gramin Solar Street Light Yojana.” The project covers several districts, including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria.

The solar street light systems will be installed under the supervision of the Bihar Renewable Energy Development Authority (BREDA). The main components of these systems include solar PV modules, solar batteries, LED lights, mounting structures, and other necessary parts.

Speaking on the partnership, Mr Rajesh Rai, Chairman and Managing Director of ITI Limited, said, “ITI Limited is extremely delighted to partner with the Government of Bihar’s BREDA again to provide street lights with sustainable solar energy. It gives me immense satisfaction that the Bihar Government has come back to ITI by reposing faith in our ability for their developmental initiatives.”

 

He further added, “Our team has been working hard to provide the best-in-class products and services, and I am confident that we will execute this prestigious project too to the best expectations of our client. With this additional Order, we have established ITI as a reliable solar systems provider striving for a greener tomorrow. ITI Limited has now amassed dependable experience in efficiently supplying and installing Solar Street Light Systems in urban as well as rural hinterlands.”

ITI Limited recently received its first order for Electronic Voting Machines (EVMs) from the State Election Commission (SEC) of West Bengal. This order follows a successful demonstration of the machines to the SEC in Kolkata.

About ITI Limited

ITI Limited is a leading telecom company and a major public sector undertaking in India. It provides a wide range of telecom solutions and has advanced manufacturing facilities in 6 locations: Bengaluru, Naini, Raebareli, Mankapur, Srinagar, and Palakkad. The company also has an in-house research and development centre in Bengaluru and offices across the country for marketing, sales, and projects.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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