Rajesh Power Services Limited has informed that it has been awarded a turnkey contract by Rajasthan Rajya Vidyut Prasaran Nigam Limited for construction of a 132/33 kV, two by 50 MVA GIS substation at Pal, Jodhpur, with associated transmission line. The scope includes survey, supply of equipment and material, erection including civil works, testing and commissioning. The contract is domestic and turnkey in nature. The contract covers end-to-end delivery from survey and design through to final testing and handover.

The contract is to be executed within 18 months. The broad consideration is Rs 750.5 million (Rs 750.5 mn) inclusive of taxes. The promoters, promoter group or group companies have no interest in the entity that awarded the contract and the order does not fall within related party transactions. Successful execution will require coordination with the procuring agency and local stakeholders during civil and erection phases.

The award adds to company order book and is for transmission infrastructure in Jodhpur region. The project involves GIS technology and will require coordination for civil and electrical works and testing prior to commissioning. Completion within the stipulated period will deliver capacity to support regional grid stability and power evacuation from local generation. The company has complied with disclosure requirements under SEBI listing regulations in making this announcement.

The disclosure was signed by the company secretary and compliance officer, who provided membership details. This information is provided for records and compliance and does not indicate any change in promoter interests. The company affirmed that the contract was awarded by a domestic entity and that no related party conflict exists. The announcement has been made pursuant to Regulation 30 of SEBI Listing Regulations and the referenced SEBI master circular.