Power and Instrumentation (Gujarat) Ltd (PIGL) has landed a ₹705.5 million contract from Ajmer Vidyut Vitran Nigam Limited to carry out a major electrification project across several tribal districts of Rajasthan. The deal will see the company handle everything from supplying and installing equipment to testing and commissioning.
The Project at a Glance
This is a turnkey job, which means PIGL will be responsible for the entire process — design, delivery, and final handover. The work is linked to two government initiatives: the Dharti Aaba Janjatiya Gram Utkarsh Abhiyana and the RDSS scheme. Both are aimed at expanding on-grid electricity access to households and public institutions that still aren’t connected to the grid.
The contract covers nine districts under Ajmer Discom’s network: Ajmer, Banswara, Bhilwara, Chittorgarh, Dungarpur, Pratapgarh, Salumbar, Sikar, and Udaipur. The deadline is 12 months, which means the team will need to deliver quickly and efficiently to stay on track.
Why It Matters
For PIGL, this is more than just another project — it adds to an already healthy order book and reinforces the company’s position in the power distribution and infrastructure space. The company has been steadily expanding its portfolio beyond electrical contracting into areas like instrumentation and automation, making it a go-to choice for complex electrical infrastructure work.
For Rajasthan, the project has social and economic importance. Reliable electricity can significantly improve living standards in rural and tribal areas, supporting everything from education to healthcare, and giving local businesses a chance to grow.
The Bigger Picture
India’s power sector is in the middle of a major infrastructure push, with the government investing heavily in grid upgrades, rural electrification, and renewable integration. Schemes like RDSS are at the center of this effort, offering opportunities for companies like PIGL to secure repeat contracts as states work toward 100% electrification.
Because this project covers underserved areas, it also highlights how public sector contracts tie into broader development goals. Successful execution here could give PIGL an edge in bidding for more such work in the future.
What Happens Next
The company will now start mobilizing teams, securing equipment, and setting up the logistics needed to work across nine districts — no small task given the geographical spread and local conditions. If completed on schedule and without cost overruns, it could help PIGL strengthen its credentials for larger projects, both within Rajasthan and in other states.
Investor View
PIGL’s recent performance has shown consistent revenue growth, with a steady pipeline of projects from both public and private clients. Contracts like this one add visibility to future earnings, which could be a positive signal for investors tracking infrastructure and energy sector stocks.
Sources: Reuters via TradingView, DSIJ Intelligence, Business Standard, Capital Market News
