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Jyoti Structures on African Safari

November 5, 2007

Jyoti Structures has formed a joint venture company, Jyoti Structures Africa in Johannesburg, South Africa to participate in the transmission line markets of Southern Africa. This company is in partnership with a local South African person. The company is the lead partner in the JV company.

Jyoti Structures Africa have been awarded a contract for execution of approximately 650 Km of 350 KV high voltage DC transmission line from Gerus to Zambezi in Namibia by NamPower, the electricity utility of Namibia. The contract valued at approximately US $ 75 million is to be executed in 18 months.

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