StockWatch
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Multi Utilities
Deals4 Aug 2026, 09:40 am

Rajesh Power Services Secures ₹362.82 Cr Contract from PGVCL

AI Summary

Rajesh Power Services Ltd has received a significant turnkey contract from Paschim Gujarat Vij Company Limited (PGVCL) for converting existing 11 kV HT and LT lines, including consumer service lines, into an underground cable network with a ring main system in Jamnagar City-2 Division. The contract, valued at ₹362.82 Crores (including taxes), is to be executed within 24 months. This order falls within the normal course of business and is considered a domestic contract. The company has disclosed this information as per SEBI Listing Regulations.

Key Highlights

  • Secured a ₹362.82 Cr turnkey contract from PGVCL.
  • Contract involves underground cabling in Jamnagar.
  • Execution period for the project is 24 months.
  • Order is from a domestic entity and in the normal course of business.