Om Power Transmission Wins ₹82.17 Crore Turnkey Contract

Key Contract Details

Om Power Transmission Limited (Scrip Code: BSE 544750, NSE: OMPOWER) has received a Letter of Acceptance (LOA) from Paschim Gujarat Vij Company Limited. The contract is for the conversion of existing 11 kV HT Line and LT Line network including Consumer Service Lines into Under Ground Cable Network with Ring Main System at Kaliabid Subdivision (Part-2) of Bhavnagar Circle.

Contract Value

The total contract price is ₹82,17,40,528 (Rupees Eighty-Two Crore Seventeen Lakh Forty Thousand Five Hundred Twenty-Eight only), inclusive of GST.

Execution Timeline

The contract is to be executed within 18 months after a commencement period of 45 days from the receipt of the Notice of Award (NOA).

Additional Information

• The contract has been awarded by a domestic entity (Paschim Gujarat Vij Company Limited)
• The contract is domestic in nature
• The promoter/promoter group/group companies have no interest in the entity that awarded the contract
• The order does not fall within related party transactions