MoneyWorks4Me

RMC Switchgears receives LoI worth Rs 27.94 crore

21 Jan 2026 Evaluate

RMC Switchgears has received Letters of Intent (LoI) amounting to Rs 27.94 crore (inclusive of all taxes) from Aarka Corporation for supply of Fiber Reinforced Plastic (FRP) Fencing for fixing and distribution transformer Centres at various locations given under Bhandup, Kalyan, Nashik, Pune Zone as per the manufacturing milestone schedule. 

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 2496.40
Apar Industries 17945.00
Havells India 1096.30
Suzlon Energy 40.99
Siemens 3854.90
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