Rajesh Power Services Ltd has announced that it has received orders for the supply, installation, testing and commissioning of 400kV/33kV and 66kV/33kV GIS substations in Gujarat. The orders, valued at approximately Rs 95 crore including taxes, have been awarded by a domestic private company engaged in a similar line of business.
The contracts are part of the company’s normal course of business and are expected to be executed within 12 months. Rajesh Power Services confirmed that neither the promoter group nor any group companies have any interest in the awarding entity, and the orders do not fall under related-party transactions.