Viviana Power Tech Awarded Turnkey Contract with DGVCL Worth Rs 41.5 Crore
Viviana Power Tech Limited has secured a significant turnkey contract from M/s. Dakshin Gujarat Vij Company Limited (DGVCL). The contract, valued at Rs 41,50,36,976.00 inclusive of taxes, involves critical infrastructure work for DGVCL divisions under the Overhead to Underground Scheme or other related schemes.The contract awarded by DGVCL covers the comprehensive scope of Supply, Laying, Installation, Testing, and Commissioning of 11KV underground cable. Additionally, the scope includes erection and dismantling work of TCDP/Pole across various DGVCL Divisions. The contract was officially received by Viviana Power Tech Limited on July 6, 2026.
The business agreement is a domestic contract between the two entities. It has been confirmed that the order does not constitute a related party transaction.
Key commercial details of the contract are summarized below:
| Particulars | Details |
|---|---|
| Client Entity | Dakshin Gujarat Vij Company Limited (DGVCL) |
| Contract Value | Rs 41,50,36,976.00 |
| Scope of Work | Supply, Laying, Installation, Testing & Commissioning of 11KV underground cable and erection/dismantling of TCDP/Pole work for DGVCL Divisions. |
| Execution Timeline | 15 Months from the Date of LOA |
| Transaction Type | Domestic |
The contract secures a long-term operational opportunity, with the expected execution period set at fifteen months following the Letter of Award (LOA).
VIVIANA Stock Price Movement
As of 1:25 PM, shares of Viviana Power Tech Limited are slipping by 0.82% in live trading, currently at ₹788 after falling ₹6.50. The stock has traded a total volume of 14,167 shares during the market session.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.
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