Fedders Lloyd Corporation today said the company in a consortium with Spain's Cobra Instalaciones has bagged a power distribution project worth Rs 257 crore from Madhya Pradesh Kshetra Vidyut Vitaran Company.
The scope of the work includes supply, installation and maintenance of high voltage distribution systems in various districts of Madhya Pradesh, Fedders Lloyd said in a filing to Bombay Stock Exchange (BSE).
Shares of Fedders Lloyd were today trading at Rs 83.90 on the BSE, up 9.17 per cent from previous close.