VIVIANANSEViviana Power Tech LimitedHighPositive
Announced Tue, 31 Mar · 17:26 IST

Viviana Power Tech Limited has informed the Exchange about Bagging/Receiving of orders/contracts a new turnkey contract for amounting to Rs.50,60,87,055.00 (Rupees Fifty Crore Sixty Lakhs Eighty Seven Thousand Fifty Five Only), inclusive of taxes, from client M/s. Paschim Gujarat Vij Company Limited (PGVCL).

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AI summary

Viviana Power Tech Limited has bagged a new turnkey contract valued at Rs. 50,60,87,055 (around Rs. 50.61 crores) including taxes from Paschim Gujarat Vij Company Limited (PGVCL), a Gujarat state-owned power distribution company. The work involves supplying and installing 11 kV AL-59 ACS Medium Voltage Covered Conductors with accessories and reinforced bar lattice poles across coastal feeders in Bhuj, Bhavnagar, and Jamnagar circles. The project falls under the Cyclone Resilient Network component of the Viksit Gujarat Scheme, aimed at strengthening power infrastructure against cyclones. The contract is to be executed within 12 months from the date of the Letter of Award, which was received on 30 March 2026. The order is domestic, with no related party interest involved.

Likely market impact

This adds a meaningful Rs. 50+ crore order to Viviana Power Tech's order book, supporting revenue visibility for the next 12 months. The contract strengthens its position in the government-backed power infrastructure segment and reinforces its relationship with PGVCL as an existing client, which is a positive signal for business continuity.