MoneyWorks4Me

RMC Switchgears has received Letters of Award (LoA) from MAHAVITRAN- Maharashtra State Electricity Distribution Co. amounting to Rs 23.63 crore for Design, manufacture, Supply, Transport, Installation, Testing and Commissioning of Off-Grid DC Solar Voltaic water Pumping Systems (SPWPS) of 3 HP, 5 HP & 7.5 HP capacity at identified farmer’s site in District of Maharashtra, including complete system warranty and its repair and maintenance and Remote Monitoring System (RMS) under Magel Tyala Saur Krushi Pump’ Yojna/ PM KUSUM B SCHEME. The order is to be executed in 5 years. 

The receipt of this LoA further strengthens the company’s order book and is expected to contribute positively to the company’s revenue and growth prospects. 

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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