Business Update17 Jul 2026, 10:21 am
Rajesh Power Services Secures ₹34.37 Cr Orders from PGVCL & RVPNL
AI Summary
Rajesh Power Services Ltd has announced the receipt of significant orders totaling ₹34.37 crores (including taxes) from two state-owned entities. The company secured work from Paschim Gujarat Vij Company Limited (PGVCL) for SCADA readiness and RMU rectification across Bhavnagar, Jamnagar, and Rajkot circles, valued at ₹21.57 crores. Additionally, Rajesh Power Services received an order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) for the modification of a 220kV line into an underground cable system at Jodhpur, worth ₹12.80 crores. These orders are expected to be executed within 12 months and 9 months respectively, bolstering the company's order book in the power infrastructure sector.
Key Highlights
- Secured orders worth ₹34.37 Cr from PGVCL and RVPNL.
- Contracts include SCADA readiness, RMU rectification, and underground cabling.
- PGVCL order valued at ₹21.57 Cr, RVPNL order at ₹12.80 Cr.
- Execution timelines are 12 months for PGVCL and 9 months for RVPNL.
- Orders received in the normal course of business.
Price Impact
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