Viviana Power Tech Secures ₹9.74 Crore Turnkey Contract from GETCO
Viviana Power Tech Limited secured a ₹9.74 Crore turnkey contract from Gujarat Energy Transmission Corporation Limited (GETCO). The contract involves laying, erection, testing, and commissioning of 66kV XLPE cables for the Rajkot Zone. The order is to be executed within 24 months, enhancing the company's unexecuted order book to over ₹1,700 Crore.
The contract value is substantial and contributes to the company's order book, indicating positive future revenue visibility, but it's not a transformative deal for a large listed entity.
The company has received a significant new order, which is expected to contribute positively to its growth and profitability, and enhances its order book value.
Viviana Power Tech Limited has announced the receipt of a new turnkey contract amounting to ₹9,74,02,648.00 (Rupees Nine Crore Seventy Four Lakhs Two Thousand Six Hundred Forty Eight Only), inclusive of taxes. The contract has been awarded by its existing client, M/s. Gujarat Energy Transmission Corporation Limited (GETCO).
The scope of work involves the Laying, Erection, Testing, and Commissioning of 66kV 1C, 300sqmm & 1C, 630sqmm XLPE Cable for Poly AL and Al.corrugated cable for various lines under Package-2 for the Rajkot Zone.
This new order contributes to the company's overall unexecuted order value, which now stands at over ₹1,700.00 Crore, indicating strong revenue visibility and a healthy execution pipeline for the upcoming periods. The contract is expected to be executed within 24 months from the Date of Letter of Acceptance (LOA). This award is anticipated to further strengthen the relationship with GETCO, expand Viviana Power Tech's project portfolio, and positively impact the company's growth and profitability.
What to do with a filing like this
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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See the model portfoliosA plain-language summary of a public exchange filing by Viviana Power Tech Limited. Read the original for the full detail.