Om Power Transmission wins Rs 82 crore PGVCL cable project
Om Power Transmission Limited has received a Letter of Acceptance from Paschim Gujarat Vij Company Limited (PGVCL) for a turnkey contract worth Rs 82.17 crore, including GST, for underground power distribution works in Gujarat.
The project involves converting the existing 11 kV high tension (HT) and low tension (LT) overhead distribution network, including consumer service lines, into an underground cable network with a Ring Main System (RMS). The work will be carried out in the Kaliabid Subdivision (Part-2) of the Bhavnagar Circle.
The company said the order has been received in the normal course of business. It also confirmed that neither its promoters nor promoter group entities have any interest in the awarding authority and that the contract does not constitute a related party transaction.
Om Power Transmission is an engineering, procurement and construction (EPC) company operating in the power transmission and distribution sector. The company undertakes transmission line, substation and distribution infrastructure projects and is headquartered in Ahmedabad, Gujarat.
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