Viviana Power Tech Wins ₹139.49 Cr Project for Underground Cabling in Rajkot
Viviana Power Tech Limited has secured an L1 bid of ₹139.49 crore for converting overhead 11 kV lines to underground cables in Rajkot under PGVCL's scheme. This enhances the company's order book to over ₹1,850 crore in power and energy storage projects.
The project value of ₹139.49 crore is substantial and contributes significantly to the company's order book, indicating a positive impact on its future revenue streams.
The company has secured a significant new order, which is positive for its business growth and order book.
Viviana Power Tech Limited has been confirmed as the L1 stage successful bidder for a significant project involving the conversion of overhead 11 kV High Tension (HT) lines into underground cable networks with a Ring Main System. The project is situated in the Mota Mava and Madhapar Sub-Divisions of Rajkot City Circle, under the SI Scheme of Paschim Gujarat Vij Company Limited (PGVCL).
The bid amount for this supply, installation, and associated works is ₹139.49 crore. This new award, along with other L1 positions, is expected to bolster the company's order book, bringing the total value of unexecuted projects to over ₹1,850.00 crore. This expansion signifies the company's growing presence in high-value power and energy storage projects.
Further details, as required by Regulation 30 of SEBI (LODR) Regulations, 2015, will be provided in a separate announcement once the Letter of Intent (LOI) is officially received.
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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.