Rajesh Power Services Limited submitted a regulatory filing pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, announcing the receipt of new orders worth ₹211.68 crore (including taxes) from Odisha Power Transmission Corporation Limited (OPTCL), a Government of Odisha undertaking.
The order marks the company's entry into the Odisha market and represents one of the largest project wins for Rajesh Power in the transmission segment. The company is currently executing projects in Gujarat, Rajasthan, Uttarakhand, Maharashtra, and Madhya Pradesh.
Project Details
- Order Value: ₹211.68 crore (including taxes)
- Client: Odisha Power Transmission Corporation Limited (OPTCL)
- Project Scope: Construction of 220 kV underground transmission cable connecting Grid Substation (GSS) at Mendhasal with Gas Insulated Substation (GIS) at Chandaka B in Odisha
- Additional Work: Extension of Air Insulated Substation (AIS) bay at Mendhasal and Gas Insulated Substation (GIS) bay at Chandaka B
Management Commentary
Mr. Kurang Panchal, Managing Director of Rajesh Power Services Limited, stated that the order award marks an important milestone for the company's expansion into Odisha and reflects the confidence that utilities place in their execution capabilities and technical expertise in the transmission and distribution sector.
Company Background
Rajesh Power Services Limited is a leading specialized Engineering, Procurement & Construction (EPC) company engaged in the Power Transmission and Distribution Sector with expertise spanning extra-high-voltage transmission systems, substations, and underground cabling infrastructure. The company holds comprehensive ISO certifications including ISO 9001, 14001, 45001, 50001, and 55001.