Latest news with #PadmarajPadmnabhanPillai
News18
4 days ago
- Business
- News18
Power & Instrumentation (Gujarat) bags Rs 70 cr order from Rajasthan discom
Last Updated: New Delhi, Aug 12 (PTI) Power & Instrumentation (Gujarat) has secured an order worth Rs 70.55 crore from Ajmer Vidyut Vitran Nigam Limited (AVVNL). AVVNL is engaged in distribution and supply of electricity in Rajasthan. The scope of work of the order includes supply, erection, installation, testing, and commissioning of distribution infrastructure for on-grid electrification on a turnkey basis. The order is to be executed over a period of 12 months. Managing Director Padmaraj Padmnabhan Pillai said: 'This contract is a milestone in our mission to empower underserved communities through reliable electricity access, transforming lives in Rajasthan's tribal regions." The project will be delivered under Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DA-JGUA) under RDSS (Revamped Distribution Sector Scheme (RDSS) scheme, he said. view comments First Published: August 12, 2025, 17:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
4 days ago
- Business
- Business Standard
Power and Instrumentation gains on securing Rs 71-cr work order from Ajmer Vidyut Vitran Nigam
Power and Instrumentation (Gujarat) added 1.97% to Rs 132.10 after the firm said that it had received a significant work order worth Rs 70.55 crore from Ajmer Vidyut Vitran Nigam in Rajasthan under the RDSS scheme. The contract involved the supply, erection, installation, testing, and commissioning of material and equipment for the execution of distribution infrastructure development work. This was aimed at on-grid electrification of un-electrified households and public institutions across nine circlesAjmer, Banswara, Bhilwara, Chittorgarh, Dungarpur, Pratapgarh, Salumbar, Sikar, and Udaipurin tribal villages under Ajmer Discom. The project is to be executed within a timeline of 12 months and falls under the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DA-JGUA), a Central Government initiative implemented as part of the Revamped Distribution Sector Scheme (RDSS). Padmaraj Padmnabhan Pillai, managing director of Power & Instrumentation (Gujarat) said, This contract is a milestone in our mission to empower underserved communities through reliable electricity access, transforming lives in Rajasthans tribal regions. By delivering this project under the DAJGUA and RDSS schemes, we are contributing to Indias vision of inclusive development. Our proven expertise in executing complex projects positions us to deliver this initiative with precision, further strengthening our leadership in the power infrastructure sector. Over the years, PIGL has consistently demonstrated its ability to execute technically demanding projects across diverse geographies, and this order reflects the confidence our clients place in our expertise. The scope of work involves challenging timelines and critical responsibilities, which our team is fully prepared to deliver with precision and efficiency. Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. The companys consolidated net profit rose 4.9% to Rs 2.81 crore on 49.2% increase in revenue from operations to Rs 55.09 crore in Q4 FY25 over Q4 FY24.
