Rajesh Power secures Rs 220 crore turnkey contract from MGVCL
Rajesh Power Services has secured a significant order from Madhya Gujarat Vij Company Limited (MGVCL), based in Vadodara, Gujarat.
The contract involves a turnkey project for the supply, installation, testing, and commissioning of 11KV Medium Voltage Covered Conductor (MVCC) lines. These works will be carried out across various locations under two key state-backed initiatives: the Kisan Suryoday Yojana (KSY) and the Vanbandhu Kalyan Yojana (VKY -2).
The project is entirely domestic in nature and forms part of the company's routine business operations. The total value of the order stands at ₹220.18 crore, and the execution is expected to be completed within a period of nine months.
This development further strengthens Rajesh Power's footprint in the infrastructure and electrification segment, especially in rural and underserved regions of Gujarat. The company also confirmed that this order does not fall under related party transactions, and none of its promoter group entities have any involvement with the awarding authority.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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