MoneyWorks4Me

OM Metals’ JV bags contract worth Rs 205 crore

17 Jan 2018 Evaluate

OM Metals Infraprojects’ joint venture (JV) - Om Metals-SPML, has secured a contract for execution of the ‘Rehabilitation and Completion of Kpong Left Bank Irrigation Project’ for an amount of Rs 205 crore.

The scope of work consists of modification of existing supply canal, main Canal, cross regulators and installation of new distribution structures. The work is required to be completed in 18 months time and the project is funded by world bank (IDA).

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, Entertainment centers and Hotels.

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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