Om Power Transmission Secures ₹185 Million Contract

The company’s latest order from SAEL Industries bolsters its infrastructure portfolio as it continues to expand its grid connectivity footprint.

NEW DELHI – Om Power Transmission Limited has secured a Letter of Award (LoA) from SAEL Industries Limited for a contract valued at approximately ₹185 million (₹18.50 crore). The project involves the supply, erection, stringing, testing, and commissioning of a single-circuit 220 kV transmission line.

This infrastructure development is designed to connect a proposed 240 MW solar power plant at Sipur to the Dhama Substation. The project is a key component of the ongoing effort to strengthen grid evacuation infrastructure, supporting India’s transition toward renewable energy integration.

Strengthening Infrastructure Capabilities

The transmission project, which utilizes double-circuit towers, is scheduled for completion within eight months from the date of the award. As an engineering, procurement, and construction (EPC) specialist, Om Power Transmission has increasingly focused on high-voltage (HV) and extra-high voltage (EHV) segments, which typically command higher technical margins.

According to regulatory filings, the company has clarified that this contract does not qualify as a related-party transaction. Management has confirmed that neither the promoters nor any promoter group entities maintain an interest in SAEL Industries, ensuring the contract remains an arms-length commercial engagement.

Strategic Growth and Order Pipeline

This win adds to Om Power Transmission’s existing project pipeline, which comprises over 50 EPC projects and numerous operation and maintenance (O&M) contracts. The company has been actively expanding its geographical reach beyond its core market in Gujarat, targeting new opportunities in Rajasthan, Punjab, and other states to meet its growth targets for the 2027 fiscal year.

The company recently reported strong financial performance, with standalone net profit for the quarter ended March 2026 reaching ₹166.5 million, a 36.48% increase year-on-year. Revenue from operations also saw a significant rise of 67.20%, reaching ₹1.75 billion for the same period.

Official Sources

• Regulatory Filings: Official details of the Letter of Award were submitted to the BSE India and NSE India in accordance with SEBI regulations.

• Company Statements: Operational updates are available through the Om Power Transmission investor relations portal.

Quote Section

"According to officials at Om Power Transmission, the project is a strategic addition to its grid evacuation infrastructure portfolio. The company noted that the contract execution timeline is eight months and underscores its technical competency in the specialized transmission and distribution segment."

Why It Matters

For investors and stakeholders, this contract win provides continued revenue visibility and demonstrates the company's operational readiness to serve private-sector renewable energy projects. As India aims to integrate 500 GW of renewable energy capacity, demand for reliable, high-voltage grid infrastructure remains a critical driver for EPC firms.

Key Facts at a Glance

• Contract Value: ₹185.03 million (excluding GST).

• Client: SAEL Industries Limited.

• Scope of Work: 220 kV transmission line (supply, erection, stringing, testing, and commissioning).

• Project Timeline: Completion expected within eight months of the LoA.

• Significance: Connects a 240 MW solar power plant to the regional grid.

Frequently Asked Questions

What is the primary scope of the new contract?

Om Power Transmission will execute the full lifecycle of a 220 kV single-circuit transmission line, connecting a solar plant at Sipur to the Dhama Substation.

How does this impact the company's order book?

The ₹185 million order bolsters the company’s revenue visibility and reinforces its technical capabilities in the specialized high-voltage transmission segment.

What is the execution timeline?

The company is committed to completing the project within eight months from the date of the Letter of Award.

Source: BSE India, NSE India, Om Power Transmission Limited