Rajesh Power Services wins order worth Rs 471.92 cr

Rajesh Power Services has secured significant Rs 471.92 crore turnkey contracts (inclusive of taxes) from Madhya Gujarat Vij Company (MGVCL) for strengthening electricity distribution infrastructure across Gujarat.

The mega order marks a significant milestone for Rajesh Power Services, adding over 10% to its order book in a single stroke and taking the total order book closer to Rs 4,000 crore, while securing 18 months of execution visibility.

The contracts involve conversion of existing Hight Tension 11kV Overhead lines into Medium Voltage Covered Conductor (MVCC), as well as Underground Cable network at various locations across Gujarat under MGVCL's SI Scheme Robust-III.