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OM Metals secures contract for setting up 70MW thermal power project

20 Jan 2012 Evaluate

OM Metals Infraprojects has secured a contract for setting up of 70MW lignite based thermal power project in Bikaner district at Rajasthan on BOOT basis. The company has won this order in joint venture with SPML Infra.

Further, this order entities the company to engage in the generation of power on long term basis for a period of 25 years to be sold to state utilities.

OM Metals Infraprojects is a conglomerate having diverse business activities and interests related to hydro-mechanical equipments, turnkey solutions for steel fabrication, hydro-power developments, real estate, leasing, finance, entertainment centers, hotels and tourism.

Peers
Company Name CMP
Larsen & Toubro 3850.00
Kalpataru Projects 1375.25
NCC 137.30
Rail Vikas Nigam 198.90
KEC International 406.80
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