Om Power Transmission Limited has informed stock exchanges that it has received a letter of intent from Gujarat Energy Transmission Corporation Limited for a contract to supply, lay, erect, test and commission a 66 kV underground cable with an approximate route length of five point one seven km. The contract price is Rs 240.3 million (Rs 240.3 mn) including goods and services tax. The company stated the award follows applicable procurement procedures and the contract was granted by a domestic entity. This work pertains to infrastructure for transmission networks.

The order is to be executed within 12 months from the date of commencement. The scope includes supply, laying, erection, testing and commissioning along the specified route. The underground cable specification is for 66 kV voltage class and the route is urban and semi-urban. The company will undertake testing and commissioning in accordance with regulatory standards.

The detailed value in company filings is Rs 240,267,567.20 including GST and the procurement notice referenced the financial consideration in rupees. The company indicated there is no related party interest and that the promoters do not have any interest in the procuring entity. The contract is expected to support local transmission capacity and employment in the project area. The company has uploaded the intimation on its website and filed requisite disclosures with the exchanges.

The order follows regulatory requirements under listing obligations and the company has requested the exchanges to take the record on file. Execution is to commence following mobilisation and statutory clearances and progress will be disclosed as the project proceeds. This award forms part of the company's project pipeline and aligns with its focus on transmission solutions in regional markets. Further contractual details were provided in the annexure to the filing.