Valiant Communications Ltd has announced a key achievement in its collaboration with Tejas Networks, which is part of the Tata Group. Their joint venture has won a Letter of Intent (LOI) from Gujarat Energy Transmission Corporation (GETCO) for a prestigious project, worth Valiant's share of ₹39 crore.
Main points:
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Joint venture with Tejas Networks wins GETCO contract
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Valiant's portion of the ₹39 crore contract
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Part of bigger ₹41.35 crore order announced in January 2025
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Compliant with 'Make in India' and 'Atmanirbhar Bharat' efforts
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Boosts Valiant's foothold in power equipment supply
This news comes on the heels of Valiant's previous announcement of its biggest-ever order from Tejas Networks in January. The firm is also L1 bidder for another GETCO project under the "Make in India" program, indicating potential for more growth in the Indian power sector.
Sources: Valiant Communications Regulatory Filing, BSE India, March 24, 2025