In a major fillip to its order book, Shivalic Power Control Limited reported execution of two big orders worth around Rs. 130 lakh. Both orders are with two industry majors: one, a leading company having strong presence in electrical, civil, and data center infrastructure and the other, a leading energy solution company with a track record in solar PV projects, gensets, and fire fighting solutions.
Although the names of the clients are not revealed due to confidentiality agreements and mutual understanding, Shivalic Power Control confirmed that the orders have been appropriately sanctioned by respective clients. The orders are for supply of Low Tension (LT) and High Tension (HT) electrical panels, which form the backbone of Shivalic's business.
This acquisition reflects Shivalic's growing credibility and trust among the top players in the energy and infrastructure industries. The company's capability of securing such high-profile contracts is a testament to its sound technical expertise and quality commitment.
Industry experts view such orders as an affirmation of Shivalic's strategic positioning in the rapidly expanding business of power distribution and control. The company will be able to leverage such wins to further strengthen its market position and move into new growth territories in related business segments.
Key Highlights:
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Shivalic Power Control wins two orders of Rs. 130 lakh.
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Its clientele includes a top infra company and a top energy solutions company (names not provided to maintain confidentiality).
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Orders encompass provision of LT/HT electrical panels.
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Announcement made post official confirmation from clients.
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Enhance Shivalic's position in the power control and infrastructure market.
Source: Company Press Release