Mumbai, Oct. 19 -- Rajesh Power Services said on Thursday that it had secured two orders worth about Rs. 5.41 bn from government-owned power distribution companies in Gujarat. The contracts were awarded by Madhya Gujarat Vij Company (MGVCL) and Uttar Gujarat Vij Company (UGVCL), strengthening the company's presence in the state's power transmission and distribution sector.
The MGVCL order is valued at Rs. 4.72 bn and covers the strengthening of electricity distribution infrastructure at various locations across Gujarat. The project is scheduled for completion within 18 months, according to the company's exchange filing.
The second contract, worth Rs. 690 mn, has been awarded by UGVCL. It covers a turnkey package involving site survey, design, engineering, procurement, supply, testing and commissioning for shifting the existing electrical network at various locations in the state.
Rajesh Power Services is required to complete the UGVCL project within 12 months. The company said the two contracts had been secured within a week, reflecting the confidence of Gujarat's power distribution utilities in its execution capabilities.
With the latest awards, orders secured during the week total Rs. 5.41 bn, while the company's overall order book has crossed Rs. 40 bn. Rajesh Power Services operates as an Engineering, Procurement and Construction (EPC) company focused on the power transmission and distribution sector. Its work covers project execution and related infrastructure services for electricity networks.
Published by HT Digital Content Services with permission from Construction World.