Rajesh Power Services Wins ₹471.92 Cr Order from MGVCL

Rajesh Power Services Limited has secured turnkey contracts worth ₹471.92 crore (inclusive of taxes) from Madhya Gujarat Vij Company Limited (MGVCL). These contracts are for strengthening electricity distribution infrastructure across Gujarat, involving the conversion of existing 11kV overhead lines to Medium Voltage Covered Conductor (MVCC) and underground cabling. The order, which represents over 10% of the company's current order book, takes the total order book to nearly ₹4,000 crore and provides 18 months of execution visibility. The projects align with the modernization of electricity distribution networks in Gujarat.