A2Z Infra wins $13.56 mn electricity contract from Nepal

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    A2Z Infra EngineeringBSE -2.53 % today said it has won a $13.56 million (around Rs 90 crore) contract from Nepal government for expansion of electricity distribution network.

    A contract has been awarded from Nepal Electricity Authority, a Nepal government undertaking on June 10, A2Z Infra said in a BSE filing.

    The contract is for expansion of distribution network in the Western Region of Nepal, it said.

    The award has been made for a “contract price aggregating to $1,35,63,420.77,” the company said.

    The award was given on the basis of a global tender, it added.  Shares of the company closed 1.59 per cent down at Rs 30.95 on BSE.