Om Infra Ltd bags contract of Rs 1998.4 Million

Om Infra Ltd. (BSE: 531092 / NSE: OMINFRAL), a leading EPC infrastructure development company specializing in water management, Civil construction, and engineering solutions, has been awarded contracts of Rs. 199 cr as under:

1. Ex- Works Supply and CIF/CIP supply, if any, of all Equipment and materials including mandatory spares & mandatory tools & Tackles identifying separately the CIF/CIP and Ex- works components of the supply for Lot -5B Package for Hydro-Mechanical works for intake and draft Tub Gates and Hoists of Dibang Multipurpose project, 2880 MW located in the state of Arunachal Pradesh, India as first contract of Rs. 167.86 cr.

2. Providing all services i.e. inland transportation for delivery at site, uploading, storage, handling at site, installation, testing and commissioning including performance testing in respect of all the equipment supplied under first contract and any other services specified in the contract document for Lot -5B Package for Hydro-Mechanical works for intake and draft Tub Gates and Hoists of Dibang Multipurpose project, 2880 MW located in the state of Arunachal Pradesh, India as second contract of Rs. 31.98 cr.

Commenting on the aforesaid award, Mr. Vikas Kothari, MD and CEO of Om Infra Ltd., said: "We are honoured to have been entrusted with this significant project, which aligns with our core expertise in H M components for water based project and our strategic vision of expanding Om Infra's footprint across key infrastructure sectors-particularly hydroelectric, pumped storage, and water management. This award not only cements our strength in H M components for such a massive power generation project of 2880 MW and also broadens our project portfolio and also reinforces our expertise in delivering sustainable and impactful infrastructure solutions on a turnkey basis.

Our team is dedicated to maintaining the highest standards of quality, efficiency, and technological integration. This project represents another milestone in our journey to support regional development and strengthen our standing as a trusted infrastructure partner."

With a continued focus on water resource management, irrigation, and renewable energy, Om Infra is well-positioned to support national initiatives such as the Jal Jeevan Mission and hydroelectric development. We expect this project to contribute positively to our revenue and profitability, while driving long-term value for our stakeholders".

Shares of OM INFRA LIMITED was last trading in BSE at Rs. 130.20 as compared to the previous close of Rs. 127.25. The total number of shares traded during the day was 33414 in over 1028 trades.

The stock hit an intraday high of Rs. 131.00 and intraday low of 128.05. The net turnover during the day was Rs. 4342953.00.

Source : Equity Bulls

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