Om Power Wins ₹24.03 Crore GETCO Order; Shares Decline 0.37%

Mumbai August, 10: Om Power Transmission Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a ₹24.03 crore project involving the supply, laying, erection, testing and commissioning of a 66 kV underground cable.

As per the company’s exchange filing, the cable will cover an approximate route length of 5.17 km. The order has been awarded by a domestic entity and carries a 12-month execution period from the date of commencement.

The disclosed contract value stands at ₹24,02,67,567.20, including GST. The project is part of the company’s ordinary business and adds another utility-linked assignment to its order pipeline.

The filing also makes clear that there is no promoter or promoter group interest in the awarding entity. The company said the transaction does not fall under the related-party transaction category.

Stock Market Snapshot

The fresh order did not translate into a gain for the stock during Monday’s trading session.

As of 3:16 PM IST on August 10, 2026, the Om Power share price stood at ₹170.40, down ₹0.63, or 0.37%, according to the market data provided.

The stock spent much of the session moving around the ₹169 to ₹170 zone. It came under some pressure shortly before 3 PM, falling below ₹169, before recovering towards the ₹170 mark in the final stretch of trading.

The move was relatively contained despite the company announcing the GETCO order. The latest price data therefore showed a limited market response to the disclosure.

Company Background

Om Power Transmission is engaged in the power transmission and electrical infrastructure business, with its activities including project execution and associated infrastructure work.

The latest assignment has a broader execution scope than a straightforward equipment supply order. Om Power will be involved in supplying the cable as well as laying, testing and commissioning the underground transmission infrastructure.

For the company, the order provides a defined project opportunity with a 12-month execution window. The contract is also domestic, with GETCO as the awarding entity.

Conclusion

The ₹24.03 crore Letter of Intent from GETCO strengthens Om Power Transmission’s project pipeline in the power infrastructure space. The work covers a 5.17 km underground cable installation and associated commissioning activities.

For investors, the immediate market response remained subdued. Om Power shares were trading at ₹170.40, down 0.37%, as of 3:16 PM IST on August 10, 2026.

The company has also confirmed that there is no promoter interest in the transaction and that the order does not constitute a related-party transaction.

Source:

• https://www.nseindia.com/get-quote/equity/OMPOWER/Om-Power-Transmission-Limited
• https://nsearchives.nseindia.com/corporate/OMPOWER_10082026150015_V0_Intimation_receipt_of_order.pdf