Rajesh Power Services Bags Rs. 5.41 bn Orders from Gujarat Discoms
The MGVCL order is valued at Rs. 4.72 bn and covers the strengthening of electricity distribution infrastructure at various locations across Gujarat. The project is scheduled for completion within 18 months, according to the company’s exchange filing.
The second contract, worth Rs. 690 mn, has been awarded by UGVCL. It covers a turnkey package involving site survey, design, engineering, procurement, supply, testing and commissioning for shifting the existing electrical network at various locations in the state.
Rajesh Power Services is required to complete the UGVCL project within 12 months. The company said the two contracts had been secured within a week, reflecting the confidence of Gujarat’s power distribution utilities in its execution capabilities.
With the latest awards, orders secured during the week total Rs. 5.41 bn, while the company’s overall order book has crossed Rs. 40 bn. Rajesh Power Services operates as an Engineering, Procurement and Construction (EPC) company focused on the power transmission and distribution sector. Its work covers project execution and related infrastructure services for electricity networks.