Publication: The New Indian Express	Edition: Hyderabad
	Date: 08.06.01
Marshal's bags APTransco contract Marshal's Power and Telecom (MPTEL), the flagship company of Marshals' Group, has bagged a contract from the APTransco for supplying ACSR Moose Conductor. Announcing this at a press conference, MPTL director Dumenil said the first phase of the contract is valued at Rs 22 crore. He said the project would be funded by Power Finance Corporation, IDBI, Sidbi and APTransco. He also unveiled the Chennai-based company plans to diversify into a variety sectors, including aluminium industry.
Publication: The Times Of India	Edition: Hyderabad
	Date: 08.06.01
Marshals' bags Rs 22-cr order from Transco Chennai-based Marshals Power and Telecom (MPTEL), the flagship company of Marshals' Group has bagged the AP Transco's contract for supplying ASCR Moose Conductor amid stiff competition, of which the first phase is valued at Rs 22 crore. The contract is to be executed in a period of six months starting May 15, 2001. The contract includes manufacturing, testing and delivery of 900 kms of specified ASCR Moose conductor. The project will be funded by PFC, IDBI, Sidbi and AP Transco. MPTEL has its production facility at Pondicherry. The main streams of activities in the power sector include transmission line material manufacturing, EPC contracts and transmission and distribution projects. The group was formally incorporated in the 80s and is a non-traded, widely held public limited company. MPT also caters to high voltage power transmission and distribution under multilateral funding by World Bank and ADB.
Publication: Business Line	Edition: Hyderabad
	Date: 08.06.01
APTransco joint venture : Marshal's Power in talks with OFC major MARSHALS' Power and Telecom (MPTEL), the flagship company of the Chennai-based Rs 400 crore Marshals' Group, has initiated negotiations with the Canadian optical fibre giant, Sasketel, and Andhra Pradesh Transmission Corporation (APTransco) for floating a joint venture company for meeting the optical fibre needs of APTransco. Speaking to newspersons on Thursday, the MPTEL President, Mr Adelwert S. Dumenil, said that the negotiations for the joint venture were at an advanced stage, with MPTEL participating as third partner in the venture company. While Sasketel would extend the technical know-how, the venture company would focus on sourcing and laying optical fibre cables. The minimum capital expenditure for the venture is expected to be around Rs 250 crore, and the equity holding pattern would be finalised later. MPTEL recently bagged a contract worth Rs 22 crore from APTRANSCO for supplying ACSR (Aluminium Conductor Steel Reinforced) moose conductors. While the overall scope of the contract consists of supply of 1,900 km of ACSR moose conductors, the first phase includes manufacturing, testing and delivery of 900 km of conductors. The contract has to be executed within a period of six months starting from May 15, the date of issue of letter of intent (LoI) in favour of MPTEL, Mr Dumenil said. Marshals' has a 8,000-km capacity conductor facility at Pondicherry for the manufacture of up to 61 strands. While the plant and machinery was designed by Canadian experts, the project was funded by the Power Finance Coporation, IDBI, SIDBI, HUNDI and APTransco.
Publication: Deccan Chronicle	Edition: Hyderbad
	Date: 08.06.01
Rs 22 cr Transco project for Marshals Marshal's Power and Telecom, the flagship company of Marshals' Group has bagged the Rs 22 crore contract for supplying ACSR Moose conductor from the APTransco. The contract includes manufacturing, testing and delivery of 900 km of ACSR moose conductor to be executed in six months, company director A S Dumenil told reporters here. The company is also foraying into backward integration of aluminum rods, insurance, optic fibre and logistics, he said. (Bureau)