Rajesh Power Secures Rs 11.16B Orders for Gujarat Projects
POWER & RENEWABLE ENERGY

Rajesh Power Secures Rs 11.16B Orders for Gujarat Projects

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.

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 clients2. Projects expected to be completed within 12 to 18 months, ensuring strong revenue visibilityRajesh 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.

Next Story
Infrastructure Energy

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Next Story
Infrastructure Energy

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

Next Story
Infrastructure Transport

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?