Powering Progress! Rajesh Power Emerges as Lead Bidder in Transformative Deals

Rajesh Power Services Ltd. has officially confirmed its lowest bid at the L1 stage, emerging as the successful bidder for critical power infrastructure projects. The company secured this position for the Distribution & Backup Power System in GIFT City, covering both the DTA and SEZ areas.

 

This achievement reinforces Rajesh Power Services’ strong presence in India’s power transmission and infrastructure EPC sector. The project, set to be executed within 18 months, will enhance power reliability and efficiency in GIFT City, a rapidly growing financial hub.

 

Additionally, Rajesh Power Services has been declared the L1 bidder for a turnkey contract under the Kisan Suryodaya Yojana (KSY) Scheme, involving the supply, installation, testing, and commissioning of 11KV Medium Voltage Covered Conductor (MVCC) for Paschim Gujarat Vij Company (PGVCL). This initiative aims to strengthen rural power distribution, ensuring uninterrupted electricity supply for agricultural operations.

 

Industry analysts view these developments as a significant milestone, positioning Rajesh Power Services as a key player in India’s power infrastructure sector. The company’s strategic expansion and competitive bidding success highlight its commitment to innovation and operational excellence.

 

Sources: Rediff MoneyWiz, Equity Bulls, Shares Bazaar