Om Power Transmission Secures Letter Of Award For ₹102 Crore Contract

Market snapshot: Om Power Transmission Limited has received a Letter of Award for a power infrastructure contract valued at ₹102 crore. The new order builds upon the company's existing execution pipeline in high-voltage transmission and substation infrastructure.

Data Snapshot

• Om Power Transmission received a Letter of Award for a contract valued at ₹102 crore.
• Om Power Transmission previously secured a ₹40.69 crore switchyard contract from Hild Projects for NTPC's 600 MW solar plant in Bhuj.
• Om Power Transmission reported an unexecuted order book of ₹621.28 crore as of FY26 end.

Key Takeaways

• Om Power Transmission has received a Letter of Award for a contract worth ₹102 crore.
• The new order adds to recent infrastructure wins, including a ₹40.69 crore switchyard contract for NTPC's Bhuj solar project.
• Ongoing order inflows strengthen revenue visibility beyond the company's ₹621.28 crore unexecuted order book reported for FY26.

SAHI Perspective

Om Power Transmission continues to expand its project portfolio in high-voltage transmission lines and substation EPC works. The receipt of this ₹102 crore contract reflects ongoing momentum in power evacuation capex, supporting multi-quarter execution growth.

Market Implications

Incremental order inflows strengthen the company's order book backlog, supporting steady revenue execution in power transmission EPC over upcoming quarters.

Trading Signals

Market Bias: Bullish

Contract win worth ₹102 crore expands execution backlog beyond the ₹621.28 crore unexecuted order book reported as of FY26 end, providing multi-quarter revenue visibility.

Overweight: Power Transmission EPC, Electrical Capital Goods

Trigger Factors:

• Timely execution and commissioning of the ₹102 crore contract
• Quarterly EBITDA margin performance in coming quarters
• Further order wins from state power utilities

Time Horizon: Medium-term (3-12 months)

Industry Context

India's power transmission infrastructure sector is witnessing sustained capital expenditure to integrate renewable energy capacity and enhance grid reliability. Turnkey EPC players with capabilities in extra-high voltage lines and substations remain well-positioned to capitalize on utility order awards.

Key Risks to Watch

• Potential execution delays due to site handovers or right-of-way clearances.
• Price volatility in key raw materials like steel and copper.

Recent Developments

Om Power Transmission received a Letter of Award from Hild Projects Private Limited in September 2026 for design and installation of a 220kV AIS Switchyard at NTPC's 600 MW solar plant in Bhuj valued at ₹40.69 crore excluding GST.

Closing Insight

Om Power Transmission's order win momentum underscores strong demand in India's power transmission space, bolstering execution visibility across projects.

High Performance Trading with SAHI.