Om Metals-Patel Engg JV bags order worth Rs 92 crore

Om Metals Infraprojects, in a joint venture (JV) with Patel Engineering, has bagged a contract worth around Rs 92 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO), on the upstream of power house pertaining to phase 1 of Kundah pump storage hydroelectric project (1x125 MW) in Nilgiri district. 

The project is for design engineering supply transport execution and commissioning of all components of hydro-mechanical works and steel liner for pressure shaft and pen stocks. 

Earlier, the company had successfully executed one project in Kameng in Arunachal Pradesh for North Eastern Electric Power Corporation (NEEPCO) of a similar nature. 

Currently, the company is involved in business support service activities. The company's total operating revenue was Rs. 231.39 cr. for the year ended March 31, 2017. The company's equity capital stands at Rs. 9.63 cr.