Rajesh Power bags Rs 40.58 Cr order from PGVCL
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Rajesh Power Services Limited has secured a turnkey contract worth Rs. 40.58 Crores (inclusive of taxes) from Paschim Gujarat Vij Company Limited (PGVCL), a state-owned power distributor. The order covers supply, installation, testing and commissioning of 11 KV Medium Voltage Covered Conductor systems with accessories in the Jamnagar Circle under the System Improvement Scheme. The domestic order is to be executed within 12 months. No promoter or related party interest is involved.
Positive order inflow from a state government utility, adding about Rs 40.58 Cr to the order book and supporting revenue visibility over the next 12 months.