Deals3 Feb 2026, 10:29 am
RMC Switchgears Ltd Secures Letters of Intent Worth Rs. 200,86,53,263.08 from Jaipur Vidyut Vitran Nigam Limited
AI Summary
RMC Switchgears Limited has received Letters of Intent (LOI) amounting to X 200,86,53,263.08/- (Rupees Two Hundred Crores Eighty Six Lacs Fifty Three Thousands Two Hundred Sixty Three Rupees and Eight Paisa only) from Jaipur Vidyut Vitran Nigam Limited for executing the works relating to Development of Distribution Infrastructure Work for Segregation of 11 KV mixed feeders at Dholpur and Jhalawar Circles of Jaipur Discom of Rajasthan State under Revamped Reforms- based and Results linked Distribution Sector Scheme (RDSS) on turnkey basis. This LOI is expected to contribute positively to the Company’s revenue and growth prospects.
Key Highlights
- RMC Switchgears Ltd has received LOIs worth Rs. 200,86,53,263.08 from Jaipur Vidyut Vitran Nigam Limited.
- The LOIs are for executing works relating to Development of Distribution Infrastructure Work for Segregation of 11 KV mixed feeders at Dholpur and Jhalawar Circles of Jaipur Discom of Rajasthan State under Revamped Reforms- based and Results linked Distribution Sector Scheme (RDSS) on turnkey basis.
- The receipt of these LOIs is expected to contribute positively to the Company’s revenue and growth prospects.