Power & Instrumentation (Gujarat) Limited has informed the Exchange regarding a press release dated April 15, 2025, titled "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to enclosed herewith the copy of the press release with regard to receipt of Work Order worth INR 80,24,000/- (Including taxes) for 350 MVA Power Transformer Erection, Oil filtration, Pre-Erection Test and Oil Sample test for Power Transformers at 400kV GIS PSS-2 GIPCL, Khavda Project.".
PIGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Power & Instrumentation (Gujarat) Limited has received a work order valued at INR 80,24,000 (including taxes) from GIPCL (Gujarat Industries Power Company Limited, a state PSU). The work involves 350 MVA Power Transformer Erection, oil filtration, pre-erection testing, and oil sample testing at the 400kV GIS PSS-2 site in the Khavda Project. This is a relatively small order for the company in absolute terms. The order is part of the company's ongoing business of providing electrical infrastructure services.
The order size is modest (around INR 80 lakhs) and unlikely to materially move the stock or significantly impact financials on its own, though it adds to the company's order book in the power infrastructure segment.