Rajesh Power Secures Rs 11.16B Orders for Gujarat Projects

30 Apr 2025 CW Team

Rajesh Power Services Limited (RPSL), a leading EPC contractor in the power transmission and distribution sector, has secured new orders worth Rs 11.16 billion from a mix of government and institutional clients, highlighting its strong operational capabilities and expanding footprint.

The fresh contracts include a turnkey project covering the supply, installation, testing, and commissioning of 11/22kV HT underground cable and overhead MVCC networks in Gujarat, as well as the design, engineering, manufacturing, supply, erection, testing, and commissioning of 220/66kV GIS and AIS substations. Additionally, the company has bagged contracts for the supply, erection, testing, and commissioning of 132kV/66kV underground cables in Gujarat.

Key Highlights:

1. Rs 11.16 billion in fresh orders secured from government and institutional clients

2. Projects expected to be completed within 12 to 18 months, ensuring strong revenue visibility

Rajesh Power Services launched its Rs 1.605 billion IPO in November 2024, pricing shares at Rs 335 each. The company’s stock has since delivered multibagger returns, closing at Rs 1,268.60 on Wednesday, with a market capitalisation of Rs 22.84 billion.

Although classified as an SME company, RPSL consistently delivers performances comparable to mainboard-listed firms. The new order win further strengthens its operational and financial outlook, positioning the company for robust results in the coming quarters.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..