Fedders Lloyd Corporation Ltd has been awarded with a contract of USD 18.58 million by the state owned, Power Holding Company of Nigeria Plc of Nigeria for the rehabilitation and reinforcement of 330/132 KV and 132/33 KV transmission sub-stations under the World Bank funded Nigeria Electricity and Gas Improvement Project.

The contract is for the design, supply and installation of 5 sub stations in various provinces of Nigeria on turnkey basis. The project is to be completed in 24 months and is funded by the World Bank.

Source - Equity Bulls

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