Rajesh Power Shares Jump on New GIS and Underground Orders

25 Sep 2025 CW Team

Rajesh Power Services shares surged 6.9 per cent on the BSE, hitting an intraday high of Rs 1,588 per share. At 12:06 PM, the stock was trading 3.77 per cent higher at Rs 1,540.75, while the BSE Sensex declined 0.2 per cent to 82,460.

The company’s market capitalisation stood at Rs 2.77 billion. Its 52-week high is Rs 1,639 per share and the 52-week low is Rs 636.5. The uptick follows the securing of new orders worth Rs 278 million from a mix of government and private clients.

Under one contract, Rajesh Power will supply, install, test, and commission 400kV/33kV and 66kV/33kV gas-insulated substations (GIS) in Gujarat for a private entity. Another order involves converting the existing 11kV HT network to underground cable/MVCC under the SI scheme in Mehmedabad, Anand, Petlad, and Nadiad for Madhya Gujarat Vij Company Limited (MGVCL).

“We are delighted to announce two significant order wins that mark a major milestone in our growth journey. The award of a 400kV/33kV and 66kV/33kV GIS project in Gujarat establishes our presence in the 400kV GIS domain, strengthening our technical expertise. Additionally, the turnkey contract from MGVCL for underground cabling of 11kV HT networks will enhance distribution capabilities across key urban centres. These achievements highlight our commitment to world-class power transmission and distribution infrastructure, positioning Rajesh Power Services for sustainable growth in high-voltage and turnkey solutions,” the filing stated.

Rajesh Power is an Engineering, Procurement & Construction (EPC) company active in the power transmission and distribution sector. Its services include GIS and AIS substations, extra high-voltage power cables, transmission lines, and construction of distribution systems, catering to government and institutional clients across India.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..