Mumbai, July 17 -- The contract covers the design, engineering, manufacturing, testing, packing, dispatch and transportation of AL59 aluminium alloy conductors on a delivery-at-place (DAP) basis. The scope includes the supply of 1,050 km of AL59 Moose conductors for the Tuticorin transmission project and 3,770 km of AL59 Zebra conductors for the Pune-III project.

The order value stands at Rs 185.16 crore, inclusive of packing, forwarding, freight and transit insurance charges but excluding GST.

The company said the contract is based on a variable pricing mechanism linked to the London Metal Exchange (LME) aluminium price, aluminium premium and the USD/INR exchange rate. The base pricing has been calculated using an aluminium LME price o...