Viviana Power Tech Limited has informed the Exchange about Confirmation for L1 Stage-Successful Bidder for Turnkey Based Contract for Conversion of Existing 11/22 KV HT Line Network into Under Ground/Over Head Cable Network, MVCC and RMU For Ring Main System at Navsari City Navsari Rural Under DGVCL.
VIVIANA · price
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Viviana Power Tech Limited has been confirmed as the L1 (lowest) bidder for a turnkey contract awarded by Dakshin Gujarat Vij Company Limited (DGVCL), a state-owned power distribution utility. The work involves converting existing 11/22 KV high-tension overhead lines into underground/overhead cable networks, along with supply and installation of MVCC and RMU equipment for a ring main system in Navsari City and Navsari Rural areas. The company operates as an EPC contractor in power transmission and distribution up to 400KV systems. No contract value has been disclosed in this filing, and full details will be shared once the formal Letter of Intent/Award is received.
Positive for the company as winning a government-backed turnkey order strengthens its order book and revenue visibility, though the absence of a contract value means the actual financial impact remains unclear until further disclosure. DGVCL orders typically offer steady cash flows but can be subject to payment delays common in state discoms.