+
Rajesh Power Services Bags Rs 6,530 Million PGVCL Orders
POWER & RENEWABLE ENERGY

Rajesh Power Services Bags Rs 6,530 Million PGVCL Orders

Rajesh Power Services has secured orders worth Rs 6,530 million (mn) from Paschim Gujarat Vij Company Limited for underground power network projects. The company said the contracts, totalling Rs 6,530 mn, cover the design, supply and installation of distribution network components for multiple urban and semi urban locations. The agreements form part of PGVCL's broader push to enhance network reliability and reduce dependence on overhead lines in congested corridors. Work will be carried out in phases to align with local distribution upgrade schedules and minimise disruption.

The projects will involve laying of underground distribution cables, erection of associated substations and provision of ancillary civil works required for commissioning. Rajesh Power Services indicated that the work will be carried out through its engineering and project management teams and will leverage its experience in medium voltage distribution solutions. The company stated that compliance with local regulatory standards and safety protocols will be integrated into execution plans. The company will mobilise field teams and coordinate with local authorities to maintain supply continuity during commissioning.

The Rs 6,530 mn order intake will bolster the firm's order book and provide revenue visibility over the coming quarters. Management noted that execution of these contracts will support utilisation of the company's installation crews and will create opportunities for subcontracting to local vendors. The projects will contribute to steady cash flow as phases reach billing milestones. Standardised procurement and operational controls will be applied to help preserve project margins during execution.

Analysts said the contract win underscores the growing demand for underground distribution infrastructure in fast expanding urban areas and reaffirms the company's positioning in this segment. Rajesh Power Services will prioritise timely delivery and cost control to translate the orders into profitable operations. The firm will continue to pursue similar utility contracts to diversify its portfolio and scale its project execution capabilities.

Rajesh Power Services has secured orders worth Rs 6,530 million (mn) from Paschim Gujarat Vij Company Limited for underground power network projects. The company said the contracts, totalling Rs 6,530 mn, cover the design, supply and installation of distribution network components for multiple urban and semi urban locations. The agreements form part of PGVCL's broader push to enhance network reliability and reduce dependence on overhead lines in congested corridors. Work will be carried out in phases to align with local distribution upgrade schedules and minimise disruption. The projects will involve laying of underground distribution cables, erection of associated substations and provision of ancillary civil works required for commissioning. Rajesh Power Services indicated that the work will be carried out through its engineering and project management teams and will leverage its experience in medium voltage distribution solutions. The company stated that compliance with local regulatory standards and safety protocols will be integrated into execution plans. The company will mobilise field teams and coordinate with local authorities to maintain supply continuity during commissioning. The Rs 6,530 mn order intake will bolster the firm's order book and provide revenue visibility over the coming quarters. Management noted that execution of these contracts will support utilisation of the company's installation crews and will create opportunities for subcontracting to local vendors. The projects will contribute to steady cash flow as phases reach billing milestones. Standardised procurement and operational controls will be applied to help preserve project margins during execution. Analysts said the contract win underscores the growing demand for underground distribution infrastructure in fast expanding urban areas and reaffirms the company's positioning in this segment. Rajesh Power Services will prioritise timely delivery and cost control to translate the orders into profitable operations. The firm will continue to pursue similar utility contracts to diversify its portfolio and scale its project execution capabilities.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code