Jaipur-based Om Metals Infraprojects Ltd, part of the Om Kothari group of Companies, on Wednesday announced that it has secured Letter of Intent (LOI) for Rs 38.54 crore works contract of North Koel Reservoir Project, Jharkhand.

According to the company, the project consists of balance work of dam and appurtenant works (component 1) at an estimated cost of Rs 18.86 crore along with balance work of barrage (afflux and guide band) works (component 2) at an estimated cost of Rs 16.27 crore.

Incorporated in 1971, Om Metals Infraprojects Ltd is a leading hydro-mechanical engineering construction company with a strong presence in the hydropower sector and experience spanning more than 3 decades. It is engaged in the design, detailed engineering, manufacture, supply, installation, testing and commissioning of complete range hydro-mechanical equipments for power and irrigation projects.

Om Metals shares were trading at Rs 71, up 1.28% from the previous closing of Rs 70.10, on BSE at 3.27 pm today.

here is company details.

 

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