Deals14 Oct 2026, 07:00 pm
Om Power Transmission Wins ₹101.56 Cr Contract from UGVCL
AI Summary
Om Power Transmission Ltd has received a Letter of Acceptance (LOA) from Uttar Gujarat Vij Company Limited (UGVCL) for a turnkey contract valued at ₹101.56 Crores (including GST). The project involves converting the existing electrical line network to an underground cable network with associated activities at Ambaji. The contract is to be executed within 12 months after a 45-day commencement period. This significant order win is expected to boost the company's order book and revenue streams.
Key Highlights
- Received LOA from Uttar Gujarat Vij Company Limited.
- Contract value is ₹101.56 Crores (including GST).
- Project involves conversion to underground cable network.
- Execution period is 12 months post-commencement.
- No promoter or group company interest in the awarding entity.
Price Impact
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