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RMC Switchgears gets LoI worth Rs 59.12 crore

17 Sep 2025 Evaluate

RMC Switchgears has received a Letter of Intent (LoI) worth Rs 59.12 crore from Jaipur Vidyut Vitran Nigam for executing the works relating to development of distribution infrastructure work for segregation of 11 KV mixed feeders at Tonk Circle of Jaipur Discom of Rajasthan State under Revamped Reforms-based and Results linked, Distribution Sector Scheme (RDSS) on turnkey basis. The order is to be executed within 15 months from effective date of award contract including survey and approval.

RMC Switchgears is primarily engaged in the business of ‘Switchgear Engineering’, ‘ECI contracts for power distribution / transmission sector’ and ‘PVC Marble and Sold Surface’.

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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