RMC Switchgears Secures ₹333.8 Cr Order from PGVCL

RMC Switchgears Limited has announced the receipt of 12 Letters of Award (LOA) from Paschim Gujarat VIJ Company Limited (PGVCL) totaling ₹333,79,70,307. These awards are for turnkey contracts involving the conversion of existing 11 kV HT Line and LT Line networks into an underground cable network with a ring main system, including site survey, design, engineering, procurement, supply, installation, and commissioning. The execution period for these contracts is 18 months after a 45-day commencement period. This significant order book expansion is expected to positively impact the company's revenue and growth prospects. The company will provide further updates on material developments.