Rajesh Power Services, a power transmission and distribution EPC company, on Monday said it has secured turnkey contracts worth ₹471.92 crore from Madhya Gujarat Vij Company (MGVCL) to strengthen electricity distribution infrastructure across Gujarat.
According to the official press release, the contracts involve replacing existing 11 kV overhead power lines with medium-voltage covered conductors (MVCC) and underground cables across Gujarat.
“This significant order from MGVCL marks an important milestone for Rajesh Power Services. With our aggregate order book reaching approximately ₹4000 crore, we continue to strengthen our project pipeline and business visibility,” said Kurang Panchal, Chairman & Managing Director at Rajesh Power Services.
The company added that the new contracts have added over 10 per cent to the company’s order book, taking its total order value closer to ₹4,000 crore and providing execution visibility for the next 18 months.
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