Om Infra Limited receives LOA for Rs 621 cr from Water Resource Department, Punjab Government
Mumbai/UNI: Om Infra Limited said that company was declared L1 (Lowest) successful bidder in competitive bidding for tender of value Rs 621 crores from Water Resource Department, Government of Punjab.
The Company has now received the Letter of Award (LOA) from Government of Punjab for the aforesaid project works of Shahpurkandi power house project with value of Rs 621 Crore for the Construction of Two power houses, their appurtenant works an part of Hydel Channel of Shahpurkandi Dam Project on EPC mode from Water Resource Department, Government of Punjab, Shahpurkandi Township.
Commenting on the development, Vikas Kothari, Managing Director & CEO said that, "We are very delighted to win this prestigious order from Government of Punjab. It takes a quantifiable leap in our revenues and primes us to prepare for much higher leaps in the near future. We are aggressively focused for enhancing our foot prints in India, neighbouring countries and Africa through our core business. With our order pipeline brimming with several more opportunities on all front, we are bullish on our growth in the years to come."