Rajesh Power Services wins massive orders of Rs 471.92 Crore from MGVCL; Order Book Nearing To Rs 4000 Crore
Ahmedabad (Gujarat) [India], October 12: Rajesh Power Services Limited (RAJESH) BSE: 544291, ISIN: INE0VN801010, one of the leading specialized EPC Contractors in Power Transmission & Distribution on Monday announced that...

Ahmedabad (Gujarat) [India], October 12: Rajesh Power Services Limited (RAJESH) BSE: 544291, ISIN: INE0VN801010, one of the leading specialized EPC Contractors in Power Transmission & Distribution on Monday announced that the company has secured significant ₹471.92 crore turnkey contracts (inclusive of taxes) from Madhya Gujarat Vij Company Limited (MGVCL) for strengthening electricity distribution infrastructure across Gujarat. The mega order marks a significant milestone for Rajesh Power Services Limited, adding over 10% to its order book in a single stroke and taking the total order book closer to ₹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.
Key Highlights:
- Order Value: ₹471.92 crore, inclusive of taxes
- Execution Timeline: 18 months
- Awarding Authority: Madhya Gujarat Vij Company Limited (MGVCL).
- Project Scope: Covered conductor conversion and underground electricity distribution across Gujarat.
- Aggregate Order Book: Nearing Rs. 4000 Crores
The latest order represents a significant addition to the Company’s power infrastructure portfolio and reinforces its presence in the power transmission and distribution (T&D) segment. It also strengthens the Company’s project execution pipeline and provides an expanded base of secured projects to be executed over the coming period.