Viviana Power Tech Signs MoU with Government of Gujarat Worth ₹24.48 Billion

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Viviana Power Tech Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to undertake large-scale power transmission and distribution projects valued at ₹24.48 billion. This significant partnership strengthens the company's position in the renewable and power infrastructure sector, promising enhanced grid reliability and rural electrification.

Viviana Power Tech Ltd, a key player in power transmission, distribution, and renewable energy infrastructure, has recently signed a major MoU with the Government of Gujarat. The agreement secures projects worth ₹24.48 billion aimed at enhancing the state’s power grid infrastructure.

The projects under this MoU focus primarily on augmenting the transmission and distribution capacity, including replacing overhead high-tension lines with underground cables, which improves safety, reduces transmission losses, and ensures more reliable power supply to end consumers. This initiative reflects Gujarat’s commitment to modernizing its power infrastructure and supporting rural electrification schemes.

Viviana Power Tech’s expertise in turnkey electrical projects, EPC contracts, and advanced grid solutions stands out as the company undertakes significant responsibility in driving this transformation. The portfolio of projects is expected to boost the company’s order book and revenue growth in the coming years.

The company aims to complete these projects efficiently under strict timelines, leveraging its technical capabilities and a skilled workforce. This MoU is seen as a pivotal moment for Viviana Power Tech, enhancing its presence in government utility partnerships.

Moreover, these projects will contribute to Gujarat’s economic growth by creating thousands of jobs, improving industrial productivity, and enabling effective power management across urban and rural areas.

Key Highlights

MoU Value: ₹24.48 billion with the Government of Gujarat for power transmission and distribution.
Project Scope: Includes replacing overhead high-tension lines with underground cables and upgrading grid infrastructure.
Strategic Importance: Enhances Gujarat’s power grid reliability, reduces losses, and supports rural electrification.
Company Strength: Well-established track record in EPC execution and turnkey power projects.
Economic Impact: Expected to generate employment and improve electricity supply quality.
Timeline: Projects scheduled for phased completion aligned with government targets.
Sector Outlook: Reinforces Viviana Power Tech’s position in power sector modernization and renewable infrastructure development.

Major Takeaway

The MoU signing between Viviana Power Tech and the Government of Gujarat marks a momentous step towards transforming power infrastructure in the state. Backed by strong technical expertise and government support, Viviana is set to accelerate its growth trajectory while contributing significantly to energy sustainability and economic development.

Sources: Business Standard, Official Gujarat Government Releases, Viviana Power Tech Press Release, India Infrastructure Review.

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