RMC Switchgears has received Letters of Award (LoA) from Anand Transformers amounting to Rs 1.89 crore for Transformer Distribution Box-Turnkey Contract for providing new Service connection with Extension of Infrastructure, if required (Phase III). The contract carries a guarantee period of 18 months from the date of delivery and extension of defect liability period in aggregate, shall not exceed 60 months.
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’.