Rajesh Power Services bags ₹471.92 crore MGVCL contracts

Gandhinagar: Rajesh Power Services Limited on Monday announced that it has secured turnkey contracts worth ₹471.92 crore, inclusive of taxes, from Madhya Gujarat Vij Company Limited (MGVCL) to strengthen electricity distribution infrastructure across Gujarat.

The contracts, awarded under MGVCL’s SI Scheme Robust-III, involve converting existing 11kV high-tension overhead lines into medium-voltage covered conductor (MVCC) networks and laying underground electricity cables at various locations across the state. The projects are scheduled for completion within 18 months.

The order adds more than 10% to the company’s existing order book, taking its total order book close to ₹4,000 crore and providing execution visibility for the next 18 months.

The project is aimed at modernising electricity distribution infrastructure through covered conductors and underground cabling. Rajesh Power Services said it would deploy its technical expertise and project management capabilities to execute the contracts in line with the stipulated quality and safety standards.

Commenting on the development, Kurang Panchal, chairman and managing director of Rajesh Power Services Limited, said the order marks an important milestone for the company. He added that the company would focus on disciplined execution, operational efficiency, quality and safety while pursuing opportunities in India’s expanding power infrastructure sector. DeshGujarat