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Om Metals Infra spurts on emerging L1 bidder for Punjab-based project


Om Metals Infraprojects hit an upper circuit of 5% at Rs 24 after the company was declared the lowest bidder in a competitive bidding for tender value of about Rs 621 crore floated by the Punjab Government.
In a BSE filing made during market hours today, the company said that the company, in a joint venture, was declared as the L1 (lowest) bidder in competitive bidding process for Shahpurkandi Power House project worth approximately Rs 621 crore. The tender is for constructing two power houses, their appurtenant works an part of hydel channel of Shahpurkandi Dam Project on EPC mode from Water Resource Department, Government of Punjab.

Water-resource-department , Shahpurkandi-power-house , Shahpurkandi-dam-project , Capital-market , Bidding , Sales , Government-of-punjab , Om-metals , European-patent-court , Punjab , Punjab-government