Mumbai, Sept. 17 -- The order pertains to the development of distribution infrastructure for the segregation of 11 KV mixed feeders at the Tonk Circle of Jaipur Discom in Rajasthan. The project will be executed on a turnkey basis under the Revamped Reforms-based and Results-Linked Distribution Sector Scheme (RDSS).

According to the company's regulatory filing, the project is to be completed within 15 months from the effective date of the contract, including survey and approvals. RMC Switchgears stated that the receipt of this LOI will further strengthen its order book and is expected to positively impact its revenue and growth prospects.

The company also clarified that neither its promoters nor promoter group entities have any interest ...