Viviana Power Tech Signs ₹2,448 Crore MoUs with Gujarat Government; Stock Hits All-Time High

Vadodara, October 13, 2025 – Viviana Power Tech Limited (NSE: VIVIANA) share price went up 6.91% to ₹1,701.00 at 12:04p.m. IST on reports of signing of several Memorandums of Understanding (MoUs) worth ₹2,448 crore by the company with the Government of Gujarat at Vibrant Gujarat Regional Conference 2025.

Strategic Agreements and Project Scope

The MoUs cross various projects such as the designing, supplying, and installing substations, power transmission and distribution networks, and renewable energy ventures. The MoUs also include smart grid upgradation and the transformer making business through Viviana’s subsidiary, Aarsh Transformers Private Limited, investing ₹93 crore of the overall deal size.

These projects are likely to strengthen Gujarat’s power distribution network, promote the use of clean energy, and generate jobs for more than 2,000 people in the state.

Market Reaction

The stock jumped to a new 52-week high of ₹1,860 with an intraday low of ₹1,601 on the news. At 11:07 a.m., the stock was quoted at ₹1,700, indicating positive investor sentiment on the company’s strategic foray.

Management Outlook

Viviana Power Tech Director Richi Nikeshbhai Choksi stated that these MoUs are a “strong step in Viviana Power Tech’s role in contributing to the clean energy and infrastructure goals of Gujarat.” He concluded that the firm’s increasing contribution in EPC and renewable energy verticals has made Viviana a leading company in India’s transition.

About Viviana Power Tech Limited

Viviana Power Tech Limited, an EPC company located in Vadodara that is listed on the NSE SME Emerge exchange, deals with power transmission and distribution schemes of up to 400 KV. The company, established in 2014, has forayed into smart grids, renewable power, and transformer manufacturing and has emerged as an emerging player in India’s infrastructure and energy modernization space.

REF: https://nsearchives.nseindia.com/corporate/VIVIANA_13102025105333_REG_30_MOU_13102025_NSE.pdf

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