Joint Venture12 Feb 2026, 06:33 pm
Rajesh Power Services Ltd Announces Joint Venture with VITS Total Power Solutions Private Limited
AI Summary
Rajesh Power Services Ltd has signed a Joint Venture Agreement with VITS Total Power Solutions Private Limited to form a Joint Venture Entity named RPSL -VITS JV. The purpose of this agreement is to procure the business and execute the work of Design, Supply, Erection, Testing & Commissioning of 132kV Transmission Line from GSS Nabinagar to Railway TSS Nabinagar and associated 02 Nos. 132kV Line Bays at GSS Nabinagar under Railway Project Danapur of East Central Railway. Rajesh Power Services Ltd will hold 51% stake in the Joint Venture Entity, while VITS Total Power Solutions Private Limited will hold 49%.
Key Highlights
- Rajesh Power Services Ltd and VITS Total Power Solutions Private Limited have formed a Joint Venture Entity named RPSL -VITS JV
- The purpose of the Joint Venture is to procure the business and execute the work of Design, Supply, Erection, Testing & Commissioning of 132kV Transmission Line from GSS Nabinagar to Railway TSS Nabinagar and associated 02 Nos. 132kV Line Bays at GSS Nabinagar under Railway Project Danapur of East Central Railway
- Rajesh Power Services Ltd will hold 51% stake in the Joint Venture Entity, while VITS Total Power Solutions Private Limited will hold 49%