14-Oct-2026      19:46

Om Power Transmission Limited secures Rs 101.56 crore contract from Uttar Gujarat Vij Company Limited

Om Power Transmission Limited has received a Letter of Acceptance from Uttar Gujarat Vij Company Limited for a turnkey contract to convert an existing electrical line network into an underground cable network at Ambaji. The contract, awarded by a domestic entity, is valued at Rs 101.56 Crores (including GST) and is expected to be executed within 12 months following a 45-day commencement period. The company clarified that neither the promoter group nor any group companies have any interest in Uttar Gujarat Vij Company Limited, and the contract does not constitute a related party transaction.

News source: Capital Market - Live News