Viviana Power Tech Secures ₹128.35 Crore Turnkey Contracts from PGVCL
Viviana Power Tech Limited secured multiple turnkey contracts from Paschim Gujarat Vij Company Limited (PGVCL) valued at ₹128.35 crore. The contracts involve supplying, installing, testing, and commissioning 11 KV Medium Voltage Covered Conductor systems. Execution is to be completed within 12 months from the LOA date.
The order value of ₹128.35 crore is substantial and will contribute to the company's revenue and order book, positively impacting its financial performance. However, it's an existing client, and the scope is within the company's expertise, suggesting manageable execution.
The company has secured significant new orders, which is a positive development indicating business growth and expansion.
Viviana Power Tech Limited has announced the receipt of multiple turnkey contracts from its existing client, M/s. Paschim Gujarat Vij Company Limited (PGVCL). The aggregate value of these contracts is ₹1,28,34,96,353 (Rupees One Hundred Twenty-Eight Crore Thirty-Four Lakh Ninety-Six Thousand Three Hundred Fifty-Three Only), inclusive of taxes.
The scope of work for these contracts involves the Supply, Installation, Testing, and Commissioning of 11 KV Medium Voltage Covered Conductor (MVCC) along with its accessories and allied items. These will be deployed in various 11 KV feeders across different divisions of PGVCL's Bhuj Circle and Rajkot Rural Circle, as part of the System Improvement (SI) Scheme.
The company noted that the order value was already factored into its previously disclosed order book. This disclosure is made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, following the formal receipt of the work orders on 21st July, 2026, at 3:48 pm. The execution period for these contracts is 12 months from the Date of Letter of Acceptance (LOA).
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Viviana Power Tech 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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