Viviana Power Tech Wins ₹77.79 Crore Project Bid for Power Distribution Upgrade
Viviana Power Tech Limited has secured the L1 bid for a ₹77.79 Crore project for converting 11 KV overhead lines to underground networking in Anand City under MGVCL. This award boosts the company's unexecuted order book to over ₹1,400 Crore.
The project value of ₹77.79 Crore is material and contributes to the company's overall order book, suggesting a positive impact on future revenue, but it does not represent a transformative change.
The company has successfully secured a significant bid for a new project, which is positive for its business and order book.
Viviana Power Tech Limited has been confirmed as the L1 (lowest bidder) for a significant project involving the conversion of HT overhead 11 KV open lines to MVCC overhead conductors and underground networking in the Anand City & O&M Division under MGVCL, as part of the SI Scheme Robust-III.
The project value for this successful bid amounts to ₹77.79 Crore.
This new award, along with other L1 positions, is expected to bolster the company's order book, which now stands at over ₹1,400.00 Crore in unexecuted projects. This growth signifies an expanding presence in high-value power and energy storage sectors.
Further details regarding the Letter of Intent of Award will be communicated in a separate announcement once 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.