Rajesh Power Serv.

Rajesh Power Services received a ₹362.82 crore turnkey contract from Paschim Gujarat Vij Company (PGVCL) to convert overhead 11kV HT and LT lines and consumer service lines into an underground cable network at Jamnagar City-2 Division, a scope to be executed over 24 months. The award extends the company's core distribution business, which has driven revenue from ₹207 crore in FY23 to ₹1,628 crore in FY26 on a 99% three-year compound growth rate. The order adds to an order book of ₹3,326 crore as of March 2026, roughly two times annual revenue. It is a domestic, unrelated-party contract awarded in the normal course of business.

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Aug 4 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• RAJESH POWER SERVICES LTD- GETS ORDER WORTH 3.63 BILLION RUPEES

Source text: ID:nBSE7pd4sZ

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Rajesh Power Services Limited announced on July 27, 2026, that it had received a turnkey order worth ₹75.05 crore from Rajasthan Rajya Vidyut Prasaran Nigam Limited. The project involves the construction of a 132/33 kV, 2X50 MVA gas-insulated substation at Pal in Jodhpur along with an associated transmission line. The contract scope includes survey, supply of all equipment and materials, civil works, erection, testing and commissioning. The domestic order is to be executed over eighteen months and was awarded in the normal course of business. The company confirmed that neither the promoter nor any group company has an interest in the awarding entity, and the transaction does not constitute a related-party deal.

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Rajesh Power Services Limited announced on July 22, 2026, that it had received a turnkey order worth ₹40.58 crore from Paschim Gujarat Vij Company Limited. The contract involves supply, installation, testing and commissioning of 11 kV medium voltage covered conductor and allied items in feeders under Jamnagar Circle as part of the System Improvement Scheme. The domestic order is to be executed over twelve months and was awarded in the normal course of business. PGVCL is a Gujarat state utility from which Rajesh Power has previously secured several contracts, including a recent ₹653 crore underground cabling project across multiple circles. The company confirmed that neither the promoter nor any group company has an interest in the awarding entity and that the transaction is not a related-party deal.

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Rajesh Power Services Limited announced on July 17, 2026, that it had received two domestic orders worth a combined ₹34.37 crore. Paschim Gujarat Vij Company Limited (PGVCL) awarded a ₹21.57 crore maintenance contract for SCADA readiness and rectification of ring main units across Bhavnagar, Jamnagar, and Rajkot circles. A second order, worth ₹12.80 crore, was placed by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) for modifying an existing 220kV line into an underground cable system with a monopole at Jodhpur. The PGVCL work is to be executed over twelve months and the RVPNL turnkey contract over nine months. Both entities are domestic state utilities, and the company confirmed that the awards do not involve any promoter interest or related-party transactions. The RVPNL contract marks the company’s entry into Rajasthan’s transmission infrastructure segment.

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July 16 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• RAJESH POWER SERVICES - Q1 REVENUE FROM OPERATIONS AT 4.37 BILLION RUPEES

Source text: ID:nBSE6jJR98

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Rajesh Power Services secured a turnkey contract worth ₹653.12 crore from Paschim Gujarat Vij Company Limited to convert existing 11kV overhead lines into an underground cable network with ring main system and GIS mapping at Bhavnagar, Anjar, Junagadh, and Porbandar circles. The domestic order, which includes all taxes, is scheduled for execution over eighteen months. The work involves replacing high-voltage and low-tension lines, installing ring main units, and completing GIS-based asset tagging across the four circles. The company disclosed that the contract was awarded in the normal course of business, with no promoter or group company interest in the awarding entity. It also confirmed the transaction does not qualify as a related-party transaction. At ₹653 crore, the contract is roughly twice the size of a ₹212 crore order the company recently received from Odisha Power Transmission Corporation, marking a step-up in individual project scale.

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Rajesh Power Services won a ₹211.68 crore EPC contract from Odisha Power Transmission Corporation Limited (OPTCL) to build a 220kV underground cable line and associated bay extensions near Bhubaneswar. The project connects the Mendhasal substation to the Chandaka-B substation and is scheduled for completion within 24 months. The order marks the company's first project in Odisha, extending its eastern India footprint. It ranks among the largest single orders Rajesh Power has secured in the transmission segment. The contract was awarded in the normal course of business and is not a related-party transaction. The order book, disclosed at ₹3,326 crores in the last investor presentation, will receive a meaningful boost.

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June 17 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• RAJESH POWER SERVICES - ANNOUNCES 2.12 BILLION RUPEES ORDERS FROM ODISHA POWER TRANSMISSION CORPORATION

Source text: ID:nBSE4RhP5R

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March 6 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• RAJESH POWER SERVICES LTD - UNIT SIGNS DEAL FOR 65 MW / 130 MWH BATTERY STORAGE IN GUJARAT

• RAJESH POWER SERVICES - PROJECT TO OPERATE UNDER 12-YEAR AGREEMENT AT 189,000 RUPEES PER MW PER MONTH

Source text: ID:nBSE8xYd3Y

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Feb 12 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• RAJESH POWER SERVICES LTD - SIGNS JV AGREEMENT WITH VITS TOTAL POWER

Source text: ID:nBSE3cmcKF

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Jan 5 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• BAGS 65 MW / 130 MWH BESS PROJECT IN GUJARAT

Source text: ID:nBSEbJF4CX

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Sept 5 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• GOT CONTRACT VALUED AT 615.3 MILLION RUPEES

Source text: ID:nBSE89C7sZ

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June 18 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• GETS ORDER VALUED AT 597.9 MILLION RUPEES

Source text: ID:nBSE57Zz9T

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June 4 (Reuters) - Rajesh Power Services Ltd RJES.BO:

• CONFIRMATION FOR LOWEST BID AT L1 STAGE

Source text: ID:nBSE29563L

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