Rajesh Power Services Ltd Secures Orders Worth Rs. 34.37 Crores from PGVCL and RVPNL
Rajesh Power Services Ltd has secured new business orders totaling Rs. 34.37 crores (including taxes) from two major power utilities: Paschim Gujarat Vij Company Limited (PGVCL) and Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL). These contracts were obtained in the normal course of business.The company will execute work for PGVCL involving SCADA Readiness and the Rectification of Ring Main Units (RMUs), which includes a Complete Cover Warranty Maintenance Contract (CMC). This project covers the jurisdictions of the Bhavnagar Circle, Jamnagar Circle, and Rajkot Circle of PGVCL.
Additionally, Rajesh Power Services Ltd has received an order from RVPNL for the modification of the existing 220kV D/C Jodhpur-CHB line into a 220kV Underground cable system. This project includes the installation of a Monopole at RVPNL, Jodhpur.
The details of the contracts are as follows:
| Particulars | Paschim Gujarat Vij Company Limited (PGVCL) | Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) |
|---|---|---|
| Nature of Order | Maintenance Contracts | Turnkey Contract |
| Scope of Work | SCADA Readiness and Rectification of Ring Main Units (RMUs) with Complete Cover Warranty Maintenance Contract (CMC) | Modification of existing 220kV D/C Jodhpur-CHB line into 220kV Underground cable system including Monopole at RVPNL, Jodhpur |
| Execution Period | 12 Months | 9 Months |
| Order Value (Incl. Taxes) | Rs. 21.57 Crores | Rs. 12.80 Crores |
| Entity Type | Domestic | Domestic |
Stock Price Movement
As of 10:20, Rajesh Power Services Ltd is edging higher to ₹870.50, representing a 0.03% gain. Shares are fluctuating between an intraday low of ₹856.05 and a high of ₹877.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.