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RMC Switchgears receives LoI for contracts worth Rs 80.18 crore

06 Oct 2017 Evaluate

RMC Switchgears has received a Letter of Intent (LoI) for purchase contracts amounting Rs 52.24 crore from Hubli Electricity Supply Company and Rs 27.94 crore from Mangalore Electricity Supply Company, Karnataka State Government Undertakings, to be completed within a period of Twelve to Fifteen months. 

RMC Switchgears is an ISO 9001:2008 certified company primarily engaged in the business of designing and manufacturing of, Enclosures of Energy Meters, LT/HT Distribution Boxes and Panels, Junction Boxes, Feeder Pillars and other Power Distribution etc.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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