The company received orders from Dakshin Gujarat Vij Company Limited (DGVCL) for Turnkey Contracts for Conversion of the existing 11/22kV HT & LT Overhead Network to Underground (UG) Cable System, with SCADA-Compatible Equipments under SI Scheme at various Locations under DGVCL, Gujarat.
The disclosure is made in compliance with SEBI MASTER CIRCULAR no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Contract Details:
- Awarding Entity: Dakshin Gujarat Vij Company Limited (DGVCL)
- Nature of Contract: Domestic Turnkey Contracts
- Contract Value: ₹1,628.74 Crores (Inclusive of Taxes)
- Execution Timeline: 24 Months
- Project Scope: Conversion of existing 11/22kV HT & LT overhead network to an underground (UG) cable system, including SCADA-compatible equipment.
- Geographic Scope: Various locations under DGVCL, Gujarat.
- Related Party Status: The company confirmed that the promoter/promoter group/group companies have no interest in DGVCL, and the orders do not qualify as related party transactions.
The orders were received in the normal course of the company's business.