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Om Power gains on securing Rs 82-cr turnkey contract from Paschim Gujarat Vij Company

09-Jul-26 12:15Hrs IST

The order involves the conversion of the existing 11 kV high-tension (HT) line and low-tension (LT) line network, including consumer service lines, into an underground cable network with a Ring Main System at Kaliabid Subdivision (Part-2) of Bhavnagar Circle.

The contract has been awarded by a domestic entity and is scheduled to be executed within 18 months from the commencement period of 45 days after receipt of the Notice of Award (NOA).

Om Power Transmission said the promoter group or group companies have no interest in the awarding entity and the contract does not fall under related party transactions.

Om Power Transmission operates as an engineering, procurement, and construction (EPC) company focused on power transmission infrastructure.

On the financial front, the company reported a 36.48% year-on-year increase in standalone net profit to Rs 16.65 crore for the quarter ended March 2026, compared with Rs 12.20 crore in the corresponding quarter of the previous year. Revenue from operations rose 67.20% to Rs 174.62 crore from Rs 104.44 crore during the same period.

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