OM INFRA LIMITED has informed the Exchange about General Updates
OMINFRAL · price
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OM Infra Limited has been awarded a Rs 1,290 million (Rs 129 crore) water supply infrastructure project by Uttar Pradesh Jal Nigam (Urban) in Shahjahanpur. The scope covers design, supply, and construction of overhead tanks, pump houses, distribution networks, tube wells, and SCADA automation on a turnkey basis. The project will be executed over 24 months. The company said this order strengthens its presence in water management infrastructure and supports its growth in the hydroelectric, pumped storage, and water segments.
This is a positive development for shareholders as it adds a sizeable order to the company's project pipeline and is expected to contribute to revenue and profitability over the next two years. The state government-backed client reduces payment risk, and the order reinforces OM Infra's positioning in India's water and energy infrastructure space.