Receives Rs 12.78 Cr order from Gujarat Energy Transmission Corp
OMPOWER · price
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OM Power Transmission has received a Letter of Intent from Gujarat Energy Transmission Corporation, a state government PSU, for laying, erection, testing and commissioning of 66 kV underground cable. Contract value is Rs 12.78 Cr including GST, to be executed over 24 months from the date of Letter of Award. Domestic order with no related party interest.
Adds about Rs 12.78 Cr to the order book from a state PSU client; positive for revenue visibility over the next two years.