Rajesh Power Services Ltd
Rajesh Power Services Ltd wins ₹69 Cr UGVCL order for electrical network shifting
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 14 Oct 2026, 01:14 PM IST · BSE ID: 158d78d5-5a99-4b81-84a0-33392ee10a44
View Original BSE Filing (PDF)
💡
In Simple Terms
Rajesh Power Services just won a new Rs. 69 crore contract to move electrical systems for a Gujarat power company.
🤖 AI Summary
- Rajesh Power Services secured a ₹69.004 crore turnkey contract from UGVCL for electrical network shifting.
- The project scope includes survey, design, procurement, installation, and commissioning.
- The order has a 12-month execution timeline and is inclusive of Welfare Cess and GST.
- This UGVCL order, combined with an earlier MGVCL order, totals ₹540.924 crore within a week.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Order Value
₹69.004 crore
Execution Timeline
12 months
Combined Order Value (UGVCL + MGVCL)
₹540.924 crore
🏢 How This Affects the Company
This order strengthens Rajesh Power Services' pipeline in the power distribution sector and reinforces its relationship with Gujarat-based state power utilities. It adds to a significant order book accumulation within a short period.
The order adds ₹69.004 crore to the company's order book. The combined value of recent orders from UGVCL and MGVCL stands at ₹540.924 crore, enhancing future revenue visibility.
The company will leverage its EPC expertise to execute the turnkey contract within the stipulated 12-month timeframe, requiring resource allocation for site survey, design, procurement, and installation.
No new discernible risks are introduced by this order; it aligns with the company's existing business in power transmission and distribution.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the potential increase in the company's order book and future revenue streams.
🔍
Management Signal
Management demonstrates proactive engagement with state power distribution utilities, securing substantial contracts in quick succession.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
UGVCL order execution progress reports.
Future announcements on order wins from state utilities.
Company's next financial results for order book utilization.
LOW RISK
Order win within existing business domain, with clear scope and timeline.
💡 Investor Takeaway
Rajesh Power Services secured a ₹69.004 crore order from UGVCL, with a 12-month execution period. This follows a ₹471.92 crore order from MGVCL, totaling ₹540.924 crore in new contracts.
⚖️ Strengths & Concerns
✅ Positives
- Secured a ₹69.004 crore turnkey contract from Uttar Gujarat Vij Company Limited for electrical network shifting.
- Achieved a combined order value of ₹540.924 crore from Gujarat power distribution utilities within one week.
📅 Company Track Record
Rajesh Power Services has recently secured substantial orders from Gujarat-based power distribution companies, including a ₹471.92 crore order from MGVCL and a ₹362.83 crore order from PGVCL.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the order Rajesh Power Services received from UGVCL?
Rajesh Power Services received a total order value of ₹69.004 crore from UGVCL for electrical network shifting.
What is the scope of the UGVCL order for Rajesh Power Services?
The contract covers site survey, designing, engineering, procurement, supply, installation, testing, and commissioning for the shifting of existing electrical network.
What is the execution timeline for the UGVCL order?
The order is to be executed within 12 months from the date of the Letter of Acceptance.
What is the combined value of recent orders secured by Rajesh Power Services?
The combined value of the UGVCL order (₹69.004 crore) and the MGVCL order (₹471.92 crore) is ₹540.924 crore.
Questions based on this BSE filing only. For information purposes.