Deals25 Jun 2026, 08:10 pm
Om Power Transmission Secures ₹18.5 Cr Order from SAEL Industries
AI Summary
Om Power Transmission Ltd has announced the receipt of a Letter of Award (LOA) from SAEL Industries Limited for a significant transmission line project. The contract, valued at Rs. 18.50 Crores (excluding GST), involves the Supply, Erection, Stringing, Testing, and commissioning of a Single Circuit 220kV Transmission Line. This project connects SAEL's proposed 240 MW Solar Power Plant at Sipur to the Dhama Substation. The execution period for this order is stipulated as 8 months from the date of the LOA. The company has confirmed that there are no interests from promoters or group companies in SAEL Industries, and the transaction does not fall under related party transactions.
Key Highlights
- Om Power Transmission receives Rs. 18.5 Cr order from SAEL Industries.
- Contract is for a 220kV transmission line project.
- Project to be executed within 8 months.
- No promoter or group company interest in SAEL Industries.
- Transaction is not a related party transaction.
Price Impact
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