Isolux Corsan India, the Indian subsidiary of the largest European infrastructure company operating in the domestic sector, today announced that it has completed its first High Voltage Transmission line EPC project for Power Grid Corporation of India (PGCIL).

Isolux Corsan undertook the complete engineering, procurement and construction of 163.6 Km of 765 KV single circuit transmission line on the Pune- Solapur section in the state of Maharashtra. This line is a crucial link to the One Grid project of the Government of India, being executed by PGCIL.

The fully completed project is now set to unify the southern and western regions which will improve the process of distribution of electricity as and when the Krishnapatnam Ultra Mega Power Plant commences.  The project has been completed within the stipulated timeframe despite serious operational challenges like inhospitable terrain, land acquisition and inclement weather. It demonstrates Isolux Corsan’s commitment to the timely execution of projects no matter where they operate.

Jose Ruiz Hernandez, managing director, Isolux Corsan India said, ''The new Government has taken up the agenda of bolstering India’s infrastructure which is crucial to the country’s economic growth. We, as a serious professional organization in the space, want to be committed in accomplishing the task. Speaking for the company, we are keen to grow in emerging markets and India is a key geography of our growth strategy.''

Shares of the company gained Rs 2, or 1.36%, to settle at  Rs 148.90.  The total volume of shares traded  was  409,277 at the BSE (Monday).