+
Power & Instrumentation (Gujarat) Gains After Rs 25.9 Million Work Order
POWER & RENEWABLE ENERGY

Power & Instrumentation (Gujarat) Gains After Rs 25.9 Million Work Order

Power and Instrumentation (Gujarat) saw its shares rise by 2.40 per cent to Rs 115 following the announcement of a work order from Nyati Engineering & Construction valued at Rs 25.9 million.

The order covers the design, supply, installation, testing and commissioning of ELV raceways and cable tray work at Udaipur Air Terminal in Rajasthan. The project is scheduled for completion within six months from the contract’s effective date.
With this latest award, the total cumulative value of work orders for the Udaipur Air Terminal project now stands at Rs 563.6 million.

The promoter, promoter group, and group companies have no interest in Nyati Engineering & Construction, confirming that this order does not qualify as a related party transaction.

Power and Instrumentation (Gujarat) specialises in electrical contract work and the supply of electrical equipment.

In the fourth quarter of FY25, the company reported a consolidated net profit of Rs 28.1 million, up 4.9 per cent, on a 49.2 per cent rise in revenue from operations to Rs 550.9 million compared to the same period in FY24.

Power and Instrumentation (Gujarat) saw its shares rise by 2.40 per cent to Rs 115 following the announcement of a work order from Nyati Engineering & Construction valued at Rs 25.9 million.The order covers the design, supply, installation, testing and commissioning of ELV raceways and cable tray work at Udaipur Air Terminal in Rajasthan. The project is scheduled for completion within six months from the contract’s effective date.With this latest award, the total cumulative value of work orders for the Udaipur Air Terminal project now stands at Rs 563.6 million.The promoter, promoter group, and group companies have no interest in Nyati Engineering & Construction, confirming that this order does not qualify as a related party transaction.Power and Instrumentation (Gujarat) specialises in electrical contract work and the supply of electrical equipment.In the fourth quarter of FY25, the company reported a consolidated net profit of Rs 28.1 million, up 4.9 per cent, on a 49.2 per cent rise in revenue from operations to Rs 550.9 million compared to the same period in FY24.

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?