Rajesh Power Bags New Order Worth Rs 1,629 Cr From Gujarat Discom

New Delhi: Rajesh Power on Thursday said it has secured ‘mega order’ worth Rs 1,629 crore, taking the company’s order book to Rs 5,400 crore mark.

The execution time for the turnkey project secured from power distribution entity Dakshin Gujarat Vij Company Limited (DGVCL) is 24 months, the company said.

As part of the contract, the company said it will “convert existing 11/22kV HT (high tension) & LT (low tension) overhead electricity distribution networks into modern underground cable systems with SCADA-compatible equipment across multiple locations under DGVCL’s SI Scheme.”

With the mega order of Rs 1,628.74 crore from DGVCL, the company’s aggregate order book has surged to approximately Rs 5,400 crore, representing a 35 per cent expansion from Rs 4,000 crore prior to this order.

The existing order book includes a Rs 472 crore order bagged recently from government-owned power distribution company (discom) Madhya Gujarat Vij Company Limited (MGVCL), in Gujarat.

Rajesh Power Services is an Engineering, Procurement and Construction (EPC) company engaged in the power transmission and distribution sector.

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