Viviana Power Tech Secures ₹466.73 Crore Turnkey Contract from MGVCL
Viviana Power Tech Limited secured turnkey contracts worth ₹466.73 Crore from Madhya Gujarat Vij Company Limited (MGVCL). The scope includes converting HT O/H lines to MVCC overhead conductor and underground networking. Execution is expected within 18/16 months from the LOA dates.
The contract value of over ₹466 Crore is substantial and is expected to have a significant positive impact on the company's revenue and future performance.
The company has announced the bagging of new significant orders, which is a positive development for its business.
Viviana Power Tech Limited has announced the successful bagging of new turnkey contracts aggregating to ₹466,73,61,738.00 (Rupees Four Hundred Sixty-Six Crore Seventy-Three Lakh Sixty-One Thousand Seven Hundred Thirty-Eight Only), inclusive of taxes. These contracts have been awarded by an existing client, M/s. Madhya Gujarat Vij Company Limited (MGVCL).
The scope of work involves the Conversion of HT O/H 11 kv open line to MVCC overhead conductor and underground networking. This work will be carried out within the jurisdictions of various MGVCL divisions under the SI Scheme – Robust -III.
The order value has been previously considered and disclosed in the company's Investor Presentation and intimation regarding its L1 position. The contracts are to be executed within 18/16 (Eighteen/Sixteen) Months from the Date(s) of LOA(s). The order was received on 09th October 2026 at 5:36 pm. This is a domestic contract, and the promoter/promoter group/group companies do not have any interest in MGVCL, nor does it fall within related party transactions.
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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 high impact, which is the band that most often changes something.
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