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Siemens AG Bags Two Orders Of INR1440 Million From Bangladesh-Business Standard

Monday, 19 Aug 2013 06:54am EDT 

Business Standard Reported that Siemens AG has won two contracts worth INR1440 million for improving power distribution in Bangladesh. Siemens has won two contracts aggregating INR144o million from Rural Electrification Board, Bangladesh to construct 38 new substations, the Company said in a statement. 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. 

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