RMC Switchgears Secures ₹5.42 Crore Order for Transmission Line Construction
Team Finance Saathi
23/Dec/2024
What's Covered Under the Article
- RMC Switchgears awarded ₹5.42 crore order from Suncity Urja for transmission line construction.
- The work includes 220 & 132 KV lines, equipment supply, civil works, and commissioning.
- The project will be completed by July 2025 under the RVPN contract.
RMC Switchgears Limited has announced the receipt of a significant work order from Suncity Urja Private Limited. The order is valued at ₹5,42,13,600 (₹5.42 crore) and pertains to the construction of various transmission elements. This includes the building of 220 KV and 132 KV associated lines at 220 KV GSS Sheo, located in the Barmer district of Rajasthan. The order also covers survey, supply of all materials and equipment, erection (including civil works), testing, and commissioning under the RVPN contract.
This project, which is part of a larger infrastructure effort, will be executed within a timeline of approximately one year and is set to be completed by 22nd July 2025. The order was awarded by Suncity Urja Private Limited, a domestic entity involved in energy infrastructure development.
RMC Switchgears has emphasized that there is no involvement of the promoter group or any related parties in the awarding of this contract, ensuring that it adheres to arm’s length transaction principles. The order was formalized under RVPN LOI/NOA No. RVPN/SE/(Contract-I)/Xen-I(CI)/AEn-2/BN-9018002335/D.254 dated 29th July 2024.
This work order is expected to bolster RMC Switchgears’ presence in the transmission infrastructure sector and aligns with its ongoing commitment to high-quality engineering and infrastructure services. The completion of the project will contribute to the growth of energy transmission in Rajasthan and enhance RMC Switchgears’ portfolio of successful infrastructure projects.
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