We wish to inform you that the company has secured a new work order from Paschimanchal Vidyut Vitran Nigam Limited (PVVNL), Meerut, Uttar Pradesh, for providing 59 manpower resources. Please ....
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ITCONS E-Solutions has secured a new work order from Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL), a state government electricity distribution company based in Meerut, Uttar Pradesh. The contract is for supplying 59 manpower resources (44 skilled and 15 unskilled workers) on a contractual basis for one year, from May 1, 2025 to April 30, 2026. The total order value is ₹1,51,90,319.97 (approximately ₹1.52 crore), inclusive of all taxes. The order is entirely domestic, and there is no related-party interest involved. The company described this as a 'remarkable achievement' that strengthens its partnership with PVVNL.
The order is relatively small in value (about ₹1.52 crore) and is a routine one-year staffing contract rather than a transformative deal. For retail investors, this adds modest incremental revenue visibility but is unlikely to materially move the stock. Positive sentiment signal given the repeat business with a government PSU, though the size limits near-term impact.