Subhash Projects & Marketing has bagged rural electrification project contracts worth Rs.363.55 crore from Power Grid Corporation of India and Damodar Valley Corporation and some state power utilities.

The project contracts are part of the Accelerated Rural Electrification Programme and the Rajiv Gandhi Grameen Vidyutkaran Yojana of the Central Government which seek to provide electricity to one lakh villages covering one crore households across the country.

The projects would provide 1,26,210 service connections, including one light point for each "below the poverty line" consumer.

These projects would cover parts of East Mednipur, South 24 Parganas and North 24 Parganas districts in West Bengal, Purnea, Araria, Kaimur and Rohtas districts in Bihar and Firozabad and Mainpuri districts of Uttar Pradesh.

Subhash Projects will be involved in survey, engineering, procurement, construction, commissioning and handover of the completed projects to the power utility concerned. The project is expected to be completed by March 2007.

The company has also firmed up plans to set up a unit to manufacture pre-stressed concrete poles that are used in rural electrification projects. Land for the purpose has been identified at Rohtas in Bihar.