Om Metals Infraprojects bags Rs 157 crore order from SJVN

Image
Press Trust of India Mumbai
Last Updated : Apr 16 2018 | 6:25 PM IST

Hydro-mechanical engineering firm Om Metals Infraprojects today said it has received order worth Rs 157 crore from public sector firm SJVN.

"We have secured the letter of acceptance from SJVN Ltd for all hydro-mechanical works of Rs 157 crore. The order is for all hydro-mechanical works including pressure shaft steel liner of Arun-3 Hydroelectric Project of 900 MW located in Sankhuwasabha district in Nepal," a company statement said.

Om Metal Infraprojects is engaged in diversified activities such as execution of turnkey hydro-mechanical and EPC (engineering, procurement and construction) contracts for hydropower and irrigation projects.

In addition to overseas projects, the firm has bid for orders worth Rs 2,000 crore in the domestic market, according to Vikas Kothari, director and president, Om Metals.

Its current order book size is Rs 900 crore including the Nepal project.

The company is engaged in irrigation and watershed development irrigation projects in Rwanda and Ghana in Africa, and is eyeing the African markets in a much focused way.

"...we have won couple of projects in this continent and are actively bidding for projects worth USD 100 million in these regions," he said.

The company is also looking at entering into the Far East and the Middle East markets as these offer enormous potential for the company's expertise in infrastructure, water and irrigation, informed Kothari.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 16 2018 | 6:25 PM IST

Next Story