Deals14 Oct 2026, 01:15 pm
Rajesh Power Services bags ₹69 Cr order from UGVCL
AI Summary
Rajesh Power Services Limited has received a Letter of Acceptance (LoA) from Uttar Gujarat Vij Company Limited (UGVCL) for a turnkey contract valued at ₹69.004 crore. This order, to be executed within 12 months, involves the shifting of existing electrical networks with GIS Mapping and Asset Tagging under the ND Scheme. This is the second significant order for Rajesh Power Services within a week, following a ₹471.92 crore contract from Madhya Gujarat Vij Company Limited (MGVCL). The combined value of these two orders is ₹540.924 crore, strengthening the company's presence in the power distribution segment and enhancing its project execution pipeline.
Key Highlights
- Secured ₹69.004 crore turnkey contract from UGVCL.
- Total order book with MGVCL order reaches ₹540.924 crore.
- Project execution timeline is 12 months.
- Order strengthens presence in power distribution segment.
Price Impact
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