Viviana Power Tech Limited has been awarded a major ₹713.9 million turnkey contract by Gujarat power utility PGVCL. The project requires converting existing 11 KV overhead networks into advanced underground cable grids featuring a Ring Main System, significantly improving regional electricity distribution stability over an 18-month execution timeline.
MUMBAI — Viviana Power Tech Limited, an engineering, procurement, and construction (EPC) specialist in power transmission and distribution systems, has been awarded a major turnkey contract valued at ₹713.9 million ($8.5 million). The substantial power infrastructure mandate was formally granted on July 8, 2026, by Paschim Gujarat Vij Company Limited (PGVCL), a primary state-owned power distribution utility in western India.
The developmental project targets a complete structural conversion of vulnerable overhead lines into heavily insulated subsoil systems. This major order win significantly bolsters Viviana’s growing commercial order book for the current fiscal cycle, following its recent operational migration to the main board of the National Stock Exchange (NSE).
Technical Scope of the Underground Cabling Project
According to statutory disclosures submitted by the company management, the ₹713.9 million contract requires a total technological overhaul of existing cross-district electrical infrastructure. Viviana Power Tech will assume full turnkey execution responsibility, covering component procurement, logistical transport, localized physical excavation, deployment testing, and final institutional commissioning.
The primary engineering focus of the project centers on moving existing regional grids away from weather-exposed configurations. The corporate scope of work specifically encompasses:
The technical conversion of existing 11 KV High Tension (HT) and Low Tension (LT) line networks into a subterranean framework.
The full installation of high-durability underground cable networks integrated with a Ring Main System to ensure continuous, alternative power routing paths.
The comprehensive modernization of domestic and commercial consumer service lines linking straight to the new subsoil grid.
The complete physical erection of matching transformer modules alongside the systemic dismantling of old terminal poles and obsolete overhead structures.
The entire multi-district network installation operates under a strict, legally mandated execution timeline, with all operational phases scheduled for full commercial commissioning within 18 months from the official date of the Letter of Award (LoA).
Strengthening Regional Grid Modernization and Financial Growth
The contract allocation reflects a broader, state-backed capital campaign across Gujarat to update utility distribution grids through specialized Overhead-to-Underground conversion initiatives. By replacing fragile pole‑mounted wires with deeply buried, armored cables, regional state utilities aim to eliminate systemic technical line leakages and insulate regional economies from weather-induced blackouts caused by severe coastal storms.
The major order win follows a period of rapid financial and structural transformation for the engineering firm. Viviana Power Tech recently closed out its past fiscal cycle reporting a record consolidated annual revenue of ₹533 crores alongside a profit after tax (PAT) of ₹53.46 crores.
To support its evolution from a pure EPC contractor into a vertically integrated energy equipment platform, the company is executing a ₹100 crore capital expenditure program to build a greenfield transformer manufacturing facility near Vadodara. This strategic expansion is designed to supply the rising technical hardware requirements of India’s booming utility-scale renewable energy sectors.
Official Sources Section
Operational mandates, engineering guidelines, and final contract sizes correspond precisely to regulatory compliance statements submitted by Viviana Power Tech Limited to the National Stock Exchange of India under established market disclosure rules. Broad financial performance parameters are cross-verified with statutory project registries managed by Paschim Gujarat Vij Company Limited.
Industry and Corporate Commentary
"The award of this ₹713.9 million turnkey project from PGVCL strongly expands our industrial execution pipeline in the power distribution segment," noted an engineering analyst tracking regional utility infrastructure investments. "Successfully scaling our underground cabling footprint under strict state utility guidelines reinforces our core competitive positioning as regional distributors aggressively modernize their grids."
According to company corporate filings signed by Kavaljit Parmar, Company Secretary and Compliance Officer at Viviana Power Tech Limited, "The entire domestic contract was obtained through standard transparent bidding processes. The company confirms that neither the promoter group nor any interconnected subsidiary holds any personal interest in the awarding state utility entity, ensuring an absolute arm's-length transaction profile."
Why It Matters
For domestic electricity consumers, retail business owners, and regional industrial hubs, transitioning to an advanced underground cable network ensures an uninterrupted power supply, eliminating voltage fluctuations and sudden blackouts during extreme weather. For capital markets and equity investors, the multi-million rupee order provides high visibility for revenue recognition over the next six quarters, supporting the company's stated fiscal goals.
Key Facts at a Glance
Total Order Value: Secured a turnkey power distribution contract worth ₹713,86,4233.00 ($8.5 million).
Awarding Authority: Paschim Gujarat Vij Company Limited (PGVCL), a state-owned power distribution utility.
Core Mandate: Conversion of existing 11 KV HT and LT overhead networks into underground cable systems.
System Integration: Incorporating an advanced Ring Main System to maximize alternative electricity routing capabilities.
Project Horizon: Bound to a fixed, multi-phase commercial execution window of 18 months from the formal LoA date.
Frequently Asked Questions
What does an underground Ring Main System provide for a power grid?
A Ring Main System connects the underground distribution cables in a continuous, looping layout. If a technical fault or localized damage isolates one segment of the cable, electricity can immediately be rerouted from the opposite direction, preventing power outages for connected consumers.
How does this contract affect Viviana Power Tech's long-term business strategy?
The contract strengthens the firm's core EPC services division, providing reliable near-term revenue while the company advances its parallel expansion into high-voltage transformer manufacturing near Vadodara.
Will regular consumers experience power disruptions while overhead lines are being dismantled?
According to standard utility execution protocols, the new underground networks are fully laid, connected, and tested before old overhead lines are removed, minimizing consumer service disruptions during the structural transition phase.
Source: Statutory corporate disclosure schedules archived with the National Stock Exchange of India, official project award circulars released by Paschim Gujarat Vij Company Limited, and financial progress reports distributed by the Securities and Exchange Board of India.
