Viviana Power Tech Leads as L1 Bidder in 220kV Turnkey Project—Stock Hits 52-Week High

Viviana Power Tech Ltd. has been finalized as L1 (lowest and successful) bidder for a large 220kV turnkey infrastructure contract from Dakshin Gujarat Vij Company Ltd. (DGVCL). The project entails the upgrade of existing 11/22kV HT lines into state-of-the-art underground/overhead cable network, including Medium Voltage Covered Conductor (MVCC) and Ring Main Unit (RMU) systems for Navsari City and Rural Gujarat.

 

The firm is looking out for the Letter of Intent (LoI) before which it will announce complete information according to SEBI's July 2023 circular. This victory continues to affirm Viviana's increasing dominance in electrical EPC services, particularly power distribution modernization.

 

Key Highlights:

This project should lead to an increase in the traceability of implementation and position Viviana in India's new power infrastructure landscape.

 

Source: DSIJ report on confirmation of Viviana's L1