PIGL Secures Orders Totaling ₹102.78 Cr from Ajmer Vidyut Vitran Nigam
PIGL secures two orders worth ₹102.78 Cr from Ajmer Vidyut Vitran Nigam for power distribution infrastructure development under RDSS, enhancing their presence in Rajasthan.
The new orders represent a significant value for the company (₹102.78 Cr), suggesting a positive impact on revenue and growth. The projects contribute to infrastructure development.
The announcement highlights new order wins, which is generally perceived positively. The company is expanding its operations and strengthening its position in the market.
* Power & Instrumentation (Gujarat) Limited (PIGL) has secured two new orders from Ajmer Vidyut Vitran Nigam Limited (AVVNL) totaling ₹102.78 Cr. * The orders are for the development of distribution infrastructure under the RDSS scheme. * Order 1: Dungarpur Circle - ₹68.22 Cr for supply, erection, installation, testing, and commissioning of material and equipment; execution timeline of 15 months. * Order 2: Salumbar Circle - ₹34.56 Cr for similar scope of work; execution timeline of 15 months. * The projects involve segregation of 11 kV mixed feeders to improve load balancing and enhance power supply reliability. * Mr. Padmaraj Padmnabhan Pillai, Managing Director, stated that these orders reflect the confidence built through their consistent delivery record and demonstrate PIGL’s expertise in large-scale distribution infrastructure.
What to do with a filing like this
Power & Instrumentation (Gujarat) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Power & Instrumentation (Gujarat) Limited. Read the original for the full detail.