Ahmedabad-based Ltd has secured turnkey contracts worth ₹471.92 crore from state discom Madhya Gujarat Vij Company Ltd (MGVCL) to build underground electricity distribution networks and upgrade overhead power lines across . The orders take the company’s aggregate order book close to ₹4,000 crore.
The contracts involve converting existing 11kV overhead lines into medium voltage covered conductor (MVCC) lines and developing underground cable networks at various locations under MGVCL’s SI Scheme Robust-III. The projects are to be executed over 18 months, the company stated in a regulatory filing on Monday.
The order adds more than 10 per cent to the company’s existing order book, the company said, providing execution visibility over the next 18 months. The shift towards underground cabling and covered conductors is aimed at strengthening distribution infrastructure and reducing the network’s exposure to external damage and weather-related disruptions. “This significant order from MGVCL marks an important milestone for Rajesh Power Services Limited. With our aggregate order book reaching approximately ₹4,000 crore, we continue to strengthen our project pipeline and business visibility,” stated Kurang Panchal, chairman and managing director of the company.
Rajesh Power Services is an engineering, procurement and construction (EPC) contractor in the power transmission and distribution sector. Its activities include the construction of gas-insulated and air-insulated substations, extra-high-voltage power cables, transmission lines and distribution networks, as well as operation and maintenance services. The company executes projects across Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha.