RMC Switchgears Limited announced the receipt of Letter of Award (LOA) of INR 112,834.5 million (excluding GST) in Joint Venture with M/s. Continental Petroleums Limited, by Maharashtra Government under Revamped Distribution Sector Scheme (RDSS). The Company in Joint Venture with Continental Petroleums Limited, has received order for `Supply of Plant and Installation including Civil Contract' covering inter-alia supply of plant, installation and Civil on FOR (Final place of destination (Satara Circle)) basis inter-alia including' design, engineering, manufacture, testing, transportation, insurance etc. and other services incidental thereto, for value of INR 112,834.5 million (excluding GST) required for the complete execution at Satara Circle/s under Baramati Zone of MSEDCL, Maharashtra State, under RDSS.

Time Period by which order is to be executed: 24 Months.