Om Power Transmission Limited has announced the receipt of a Letter of Acceptance (LOA) from Paschim Gujarat Vij Company Limited. The LOA is for a Turnkey Contract to convert an existing 11 kV HT Line and LT Line network, including consumer service lines, into an Underground Cable Network with a Ring Main System. This project is located at the Kaliabid Subdivision (Part-2) of Bhavnagar Circle. The contract price for this project is ₹82.17 Crores, inclusive of GST. The contract is with a domestic entity and is classified as a Turnkey Contract. The execution period for the order is 18 months, commencing after a 45-day period from the receipt of the Notice of Acceptance (NOA). The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in Paschim Gujarat Vij Company Limited, and the contract does not fall within related party transactions. The company has uploaded this information on its website, www.ompowertransmission.com.
