Viviana Power Tech Wins ₹113 Crore Project Bid for Power Distribution Upgrade
Viviana Power Tech Limited has emerged as the L1 successful bidder for two power distribution projects valued at ₹113 Crores. These projects involve converting overhead lines to underground networking. The company's total unexecuted order book now exceeds ₹1400 Crores.
The value of the new order (₹113 Crores) is substantial and contributes to the company's overall unexecuted projects, indicating a positive impact on future revenue.
The company has secured a significant new order, which is a positive development for its business and order book.
Viviana Power Tech Limited has been confirmed as the L1 stage successful bidder for two projects related to the conversion of HT overhead 11 KV open lines to MVCC overhead conductors and underground networking in the Petlad and Nadiad O&M divisions under MGVCL, as part of the SI Scheme Robust-III.
The total bid amount for these projects is ₹113 Crores, inclusive of taxes.
This development is expected to enhance the company's order book, which currently stands at over ₹1400.00 Crores in unexecuted projects, indicating an expanding presence in significant power and energy storage projects. Further details will be provided in a separate announcement upon receipt of the Letter of Intent of Award.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Viviana Power Tech Limited. Read the original for the full detail.