Om PowerTransmission

Om Power Transmission's chief financial officer Chetan Modi resigned with effect from after business hours on 2 November 2026 to pursue professional goals outside the organisation. His resignation letter was dated 22 August 2026, and he ceased to be a key managerial person and the officer authorised to determine materiality of events. The company builds turnkey power-transmission infrastructure including overhead lines, substations and underground cable systems, and reported revenue of Rs449.16 crore in the year to March 2026. Its order book stood at Rs565.99 crore at the end of September, supplemented by Rs273.21 crore of October awards. CRISIL upgraded its long-term rating to BBB+ with a stable outlook in April 2026.

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Om Power Transmission received a letter of acceptance from Uttar Gujarat Vij Company for a turnkey conversion of the overhead line network at Ambaji into underground cable for ₹101.56 crore including GST. The contract covered associated works and was scheduled for execution over 12 months after a 45-day commencement period. It followed a run of awards that included a ₹40.69 crore switchyard for NTPC solar evacuation at Bhuj and three Gujarat Energy Transmission orders of ₹69.18 crore, ₹60.48 crore and ₹78.84 crore. Underground cabling accounted for about 19% of the company's ₹449 crore revenue in the year to March. The order book stood at about ₹621 crore at the end of March, with Gujarat accounting for roughly 82%.

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Oct 8 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• RECEIVES LOI FOR ORDER WORTH 788.4 MILLION RUPEES

Further company coverage: OMPO.NS

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Om Power Transmission received a ₹78.84 crore letter of intent, including GST, from Gujarat Energy Transmission Corporation for supply, erection, testing and commissioning of the 220kV double-circuit Chorania-Salejda transmission line on a turnkey basis. The contract was to be executed over 24 months from the letter of award. It followed a ₹69.18 crore Prantij-Jantral line package and a ₹60.48 crore Kotda-Sanghani substation order from the same utility in early October, after a ₹40.69 crore switchyard order from Hild Projects in September. Awards ranged between about ₹33 crore and ₹89 crore, which placed the latest value near the top of that range. The company reported revenue of about ₹449 crore in FY26 with an order book of about ₹621 crore at March 2026, concentrated in Gujarat with state utilities.

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** Shares of India's Om Power Transmission OMPO.NS jump 7.9% to 165.77 rupees
** Stock posts highest intraday percentage gain since June 5

** Electric utilities co receives order worth 604.8 million rupees ($6.27 million)

** Co receives order from Gujarat Energy Transmission Corporation for supply, installation, testing and commissioning of equipment for 220kV and 66kV air-insulated power substation

** OMPO to execute order over next 18 months

** Over 860,650 shares traded, over 9.4x the 30-day avg

($1 = 96.5300 Indian rupees)

(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: [email protected]))

Om Power Transmission received a Rs60.48 crore letter of intent from Gujarat Energy Transmission Corporation for supply, erection, testing and commissioning of 220kV and 66kV equipment on turnkey basis including civil works for the 220kV Kotda-Sanghani AIS substation. The contract was scheduled for execution over 18 months from the letter of award. Gujarat Energy Transmission Corporation is the company's largest state utility customer, with the top customer accounting for around half to over two-thirds of revenue and the top 10 customers for 96-98%. The company's orders have run between Rs33 crore and Rs89 crore, including a Rs69.18 crore transmission-line award and a Rs40.69 crore switchyard award. Revenue was Rs449.16 crore in FY26 and the order book stood at about Rs621 crore at March 2026, with substation EPC contributing about 22% of revenue.

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Om Power Transmission received a letter of intent from Gujarat Energy Transmission Corporation for supply, erection, testing and commissioning of the 220kV D/C Prantij-Jantral Line Package 2 on a turnkey basis. The contract was priced at Rs69.18 crore including GST and was to be executed within 24 months from the letter of award. Gujarat Energy Transmission Corporation was the company's top state utility customer, with state utilities accounting for about 82% of its order book. Recent awards ranged from about Rs33 crore to Rs89 crore, including a Rs40.69 crore switchyard order in September 2026. Revenue was Rs449.16 crore in the year to March 2026, with an order book of about Rs621 crore at the end of March.

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Oct 6 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• RECEIVES LOI FOR TURNKEY SUBSTATION PROJECT AT 604.8 MILLION RUPEES

Further company coverage: OMPO.NS

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Om Power Transmission received a Rs40.69 crore letter of award from Hild Projects Private Limited for design, equipment supply, civil construction, installation, testing and commissioning of a 220kV AIS switchyard for the 600 MW NTPC solar power plant at Bhuj. The domestic contract was to be executed within 10 months of the award and was priced excluding GST. The company's recent line and substation awards have ranged from about Rs33 crore to about Rs88 crore, with a Dholera 400kV assignment of about Rs200 crore as its largest. It reported revenue of about Rs449 crore in FY26 and held an order book of about Rs621 crore at March 2026, with about 82% of the book in Gujarat and state utilities accounting for a similar share.

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Sept 17 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• GETS LOI FOR ORDER WORTH 406.9 MILLION RUPEES

Further company coverage: OMPO.NS

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Om Power Transmission received a ₹12.78 crore Letter of Intent, including GST, from Gujarat Energy Transmission Corporation for laying, erecting, testing and commissioning 66 kV underground cable on various lines. The work was to be completed within 24 months of the letter of award. The company had received a separate ₹24.03 crore Letter of Intent from GETCO for an underground-cable project in August. Its FY26 revenue from operations was ₹449.16 crore, and its closing order book at the end of June was ₹567.47 crore.

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Aug 11 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• JUNE-QUARTER PROFIT 105.2 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 1.22 BILLION RUPEES

Source text: ID:nBSE61sQ4m

Further company coverage: OMPO.NS

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Om Power Transmission received a Letter of Intent from Gujarat Energy Transmission Corporation Limited for a ₹24.03 crore, GST-inclusive contract to supply, lay, erect, test and commission 5.17 km of 66 kV underground cable. The work was to be completed within 12 months of commencement. GETCO accounted for 64% of the company's FY26 revenue, while Gujarat represented 82% of its order book. FY26 revenue was ₹449.16 crore and the order book stood at about ₹670 crore after an April order.

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Aug 10 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• OM POWER TRANSMISSION - GOT ORDER WORTH 240.3 MILLION RUPEES

Source text: ID:nnAZN4TCYP1

Further company coverage: OMPO.NS

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Om Power Transmission Ltd. has received a Letter of Acceptance from Paschim Gujarat Vij Company Limited for a turnkey contract to convert an 11 kV overhead network to an underground cable network with a ring main system at Kaliabid Subdivision in Bhavnagar Circle. The contract, valued at ₹82.17 crore including GST, will be executed over 18 months after a 45‑day preparatory period. The domestic order involves no promoter or related‑party interest and adds to the company’s already record order book of approximately ₹621 crore, supporting management’s guidance for continued strong revenue growth.

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July 9 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• RECEIVES LOA FOR CONTRACT WORTH 821.7 MILLION RUPEES

Source text: ID:nBSEcdZbMK

Further company coverage: OMPO.NS

(Reporting by Payel Das)

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Om Power Transmission Ltd. said on June 25 that it has received a Letter of Award from SAEL Industries Limited for the supply, erection, stringing, testing, and commissioning of a single-circuit 220kV transmission line. The contract, valued at ₹18.50 crore excluding GST, involves connecting a 240 MW solar power plant in Sipur to the Dhama substation. The work is to be completed within eight months of the award date. The order, awarded by a domestic entity, has no promoter-group interest or related-party involvement. It adds to the company’s already-record order book of ₹621 crore and supports management’s guidance for continued revenue growth in the current financial year.

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April 30 (Reuters) - Om Power Transmission Ltd OMPO.NS:

• RECEIVES LOI FOR TURNKEY SUBSTATION PROJECT AT 449.5 MILLION RUPEES

Source text: ID:nNSE6NfVw2

Further company coverage: OMPO.NS

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