Power & Instrumentation (Gujarat) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
PIGL · price
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Power & Instrumentation (Gujarat) Limited has received a new work order worth Rs. 2.60 crore (including GST) from Nyati Engineering & Construction Private Limited. The work involves design, supply, installation, testing, and commissioning of ELV raceways and cable tray work at Udaipur Air Terminal, Rajasthan. With this new order, the cumulative value of work orders received for the Udaipur Air Terminal project now stands at Rs. 56.36 crore. The project is to be completed within 6 months from the effective date. The order is from a domestic entity, is not a related party transaction, and the promoter group has no interest in the awarding entity.
This is a positive development as it strengthens the company's order book in the airport infrastructure segment and reinforces PIGL's role in the Udaipur Air Terminal project, which has now grown to Rs. 56.36 crore cumulatively, signaling sustained business momentum.