New order from OPTCL worth Rs 211.68 Cr for 220kV transmission line in Odisha

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

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+2.0%1-day move

₹850.85

prior close

₹850.00

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AI summary

Rajesh Power Services Ltd received an order worth Rs 211.68 Crores (including taxes) from Odisha Power Transmission Corporation Limited (OPTCL) for design, engineering, supply, installation, testing, and commissioning of a 220kV underground cable transmission line and substation bay extensions in Odisha on an EPC basis. The project is to be completed within 24 months. The company describes this as among its largest transmission segment orders, marking its entry into Odisha and expanding its footprint in eastern India.

Likely market impact

Largest-of-its-kind transmission order strengthens order book and geographic presence. Positive for long-term growth and execution pipeline.