Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, we would like to inform you that the Company is in receipt of Work Order worth Rs. 1,53,40,000/- (One Crores fifty three Lacs forty thousand Only) (Including GST) and the total cumulative value of work orders received for the Udaipur Air Terminal project now stands at ₹ 57.89 Crore design, supply, Installation, Testing, commissioning and Client handling over of power supply system Electrical Work at Udaipur Air Terminal, Rajasthan.
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Power & Instrumentation (Gujarat) Limited has received a new work order worth Rs. 1.53 crore (including GST) from Nyati Engineering & Construction Private Limited for design, supply, installation, testing, and commissioning of the power supply electrical system at Udaipur Air Terminal, Rajasthan. The project is to be completed within 6 months from the effective date. With this addition, the cumulative value of work orders received for the Udaipur Air Terminal project now stands at Rs. 57.89 crore. The order is domestic, with no related party interest or promoter involvement disclosed.
The new order adds to an already sizeable Rs. 57.89 crore pipeline from the Udaipur Air Terminal project, reinforcing the company's order book in the infrastructure electrical works segment. Positive for execution visibility, though the incremental size of Rs. 1.53 crore is modest relative to the overall project value.