Deals13 Aug 2025, 03:49 pm
RMC Switchgears' Subsidiary Secures ¥61 Crore Contract for 41 MW MSEDCL Project
AI Summary
RMC Switchgears Ltd announced that its subsidiary, RMC Green Energy Private Limited, has received a Letter of Intent from M/s Saatvik Cleantech EPC Pvt. Ltd for the supply, installation, testing, and commissioning of a 41 MW MSEDCL project. The total contract value is ¥61,08,18,000 (Rupees Sixty-One Crore Eight Lakh Eighteen Thousand Only), as agreed upon in a meeting held on August 12, 2025. The commercial terms remain undisclosed due to confidentiality obligations.
Key Highlights
- RMC Switchgears' subsidiary, RMC Green Energy Private Limited, secures a ¥61 crore contract
- The contract is for the supply, installation, testing, and commissioning of a 41 MW MSEDCL project
- The project's Letter of Intent received from M/s Saatvik Cleantech EPC Pvt. Ltd
- The agreement was reached following a meeting on August 12, 2025
- Commercial terms undisclosed due to confidentiality obligations