Viviana Powers Up Gujarat—MGVCL Project Secured with L1 Bid Win

Viviana Power Tech Ltd (VIVP.NS), a rising star in India’s power infrastructure sector, has been officially confirmed as the L1 successful bidder for a major project under Madhya Gujarat Vij Company Ltd (MGVCL). The contract involves turnkey execution of underground and overhead cable network conversion for the 11/22 KV HT Line Network, including MVCC and RMU installations for the Ring Main System in Navsari City and surrounding rural areas.

 

This win marks a strategic milestone for Viviana, reinforcing its position in Gujarat’s power transmission and distribution landscape. The company’s stock surged over 10% intraday, reflecting strong investor confidence following the announcement.

 

Key Highlights

About Viviana Power Tech Ltd

Founded in 2014, Viviana specializes in power transmission, distribution, and industrial EPC projects. With a growing footprint across India, the company has completed over 40 contracts and is actively expanding into new states3.

 

Sources: Trade Brains, Viviana Power Tech Ltd – Company Profile, Sovrenn