Om Metals Infraprojects, a leading conglomerate having diverse business related to hydro mechanical equipment's secured the letter of acceptance from SJVN Arun-3 Power Development Company (P) for All hydro-Mechanical works including Pressure Shaft Steel liner of Arun-3 Hydroelectric Project (900 MW) located in Sankhuwasabha Distts in Nepal at a contract price of Rs 1.56 billion inclusive of all taxes and duties etc.
Vikas Kothari, Director & President said that, ''We are delighted with the kind of order flow we have been experiencing in the last couple of months. We have built sizable order book in the last one year.''
Shares of the company gained Rs 1.35, or 2.41%, to trade at Rs 57.45. The total volume of shares traded was 35,091 at the BSE (10.59 a.m., Monday).