Ahmedabad: Rajesh Power Services Limited (BSE Code: 544291), a EPC player in the power transmission and distribution sector, has bagged new orders worth ₹1,116 crore from government and institutional clients.

The contracts include turnkey projects for laying 11/22kV HT underground and MVCC overhead networks across Gujarat, along with the development of 220/66kV GIS/AIS substations. Additional work involves installing 132kV/66kV underground cable lines in the state. These projects are expected to be completed within 12 to 18 months.

Listed on the SME platform, Rajesh Power has outperformed with mainboard-level performance. After launching its ₹160.50 crore IPO at ₹335 per share in November 2024, the stock closed at ₹1,268.60 on Wednesday, taking its market cap to ₹2,284 crore. DeshGujarat