Power transmission, dominated by central utilities, is witnessing a change with state utilities placing larger and more frequent orders.
“We have seen a change in awarding activity for transmission and sub-station projects. Earlier, central utilities dominated the space, now states are placing more orders and of higher value,” said Vimal Kejriwal, managing director and chief executive officer, KEC International.
He added transmission orders from states were earlier in the range of Rs 300-500 crore and these were turning into larger orders worth Rs 700 crore or more.
There has also been an improvement in transmission line additions at the state