Rajesh Power Secures ₹1,629 Cr Order from DGVCL

Rajesh Power Services Limited has secured a significant turnkey order worth ₹1,628.74 crore (inclusive of taxes) from Dakshin Gujarat Vij Company Limited (DGVCL). This order, to be executed over 24 months, involves converting existing electricity distribution networks to modern underground cable systems with SCADA-compatible equipment. With this new order, Rajesh Power's aggregate order book has expanded by approximately 35% to ₹5,400 crore from ₹4,000 crore. The company also reported a 46% year-on-year revenue growth in H1 FY27. This expansion positions Rajesh Power for a new phase of business growth in the Power Transmission and Distribution sector.