Business Update14 Oct 2026, 01:13 pm
Rajesh Power Services Secures ₹69 Cr UGVCL Contract
AI Summary
Rajesh Power Services Ltd has received a turnkey contract from Uttar Gujarat Vij Company Limited (UGVCL) valued at ₹69 Crores (including taxes). The contract involves the shifting of existing electrical networks at various locations within Sabarmati and Mehsana Circles, incorporating GIS Mapping/Geo Urja Mapping and Asset Tagging under the ND Scheme. The execution period for this contract is 12 months. This order is considered a routine business transaction and does not involve any promoter or group company interests.
Key Highlights
- Secured ₹69 Crore turnkey contract from UGVCL.
- Contract involves electrical network shifting and GIS mapping.
- Execution timeline set for 12 months.
- Order received in the normal course of business.
- No promoter or group company interest involved.
Price Impact
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