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Power transmission and distribution specialist Rajesh Power Services has bagged new turnkey contracts valued at ₹471.92 crore from Madhya Gujarat Vij Company (MGVCL). The order is geared toward strengthening and modernizing state electricity distribution networks in Gujarat.
Granted under MGVCL’s SI Scheme Robust-III, the 18-month projects will focus on converting legacy 11 kV overhead HT lines into safer MVCC systems and installing extensive underground cable networks.
The acquisition pushes the company's total order book close to ₹4,000 crore, significantly reinforcing its project delivery pipeline and providing solid revenue visibility through the coming 18 months.
News by Rahul Yelligetti.
