Deals9 Jul 2026, 10:28 am
Rajesh Power Services Secures ₹653 Cr PGVCL Order
AI Summary
Rajesh Power Services Ltd has received significant orders from Paschim Gujarat Vij Company Limited (PGVCL) for the conversion of existing 11kV High Tension (HT) Line and Low Tension (LT) Line Network into an Underground Cable Network with a Ring Main System. The project includes GIS Mapping and Asset Tagging across Bhavnagar, Anjar, Junagadh, and Porbandar Circles in Gujarat. The total value of these turnkey contracts amounts to ₹653.12 Crores (including taxes) and are to be executed within 18 months. These orders are considered to be in the normal course of business and do not involve any promoter group interest or related party transactions.
Key Highlights
- Secured ₹653.12 Cr in new orders from PGVCL.
- Project involves underground cabling and GIS mapping in Gujarat.
- Orders are for turnkey contracts with an 18-month execution period.
- No promoter or related party interest in the awarded contracts.
Price Impact
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