Om Power Transmission Order receive.

Om Power Transmission Limited has secured an ₹82.17 Crore turnkey contract from Paschim Gujarat Vij Company Limited (PGVCL) to convert existing overhead power lines into an advanced underground cable network with a Ring Main System in Bhavnagar, Gujarat. The project is slated for completion within 18 months following an initial 45-day mobilization period. This contract is a significant milestone for Om Power. Underground cabling projects represent a high-priority structural trend across Indian power utilities aiming to reduce transmission power losses and improve grid resilience against adverse weather. Financially, the order provides strong revenue visibility over the next 1.5 to 2 years, with an estimated revenue run rate of ~₹46 Crores per year during peak execution. While profit margins are expected to track standard infrastructure industry benchmarks (estimated 10.5%–12% EBITDA), the technical complexity of installing a Ring Main System may shield margins from steep erosion. Key execution risks include working capital management and navigating local municipal permissions for city excavation. However, because this contract features zero related-party conflict and a reputable state counterparty, the governance profile remains pristine. Overall, this order win solidifies Om Power's mid-tier EPC execution credentials and anchors its forward earnings profile, making the stock a steady long-term investors tracking the Indian power infrastructure upgrade cycle.