Rajesh Power Services Ltd

The contract awarded covers the development of distribution and backup power systems in the SEZ and DTA zones of GIFT City. As per the agreement, Part A involves setting up grid power supply infrastructure across both SEZ and DTA areas. Part B focuses on establishing backup power arrangements exclusively for the SEZ area, while Part C pertains to the expansion of substation feeders in the DTA zone. The project is aimed at enhancing the power reliability and operational readiness of GIFT City's growing infrastructure. The nature of the contract pertains to a power supply arrangement within GIFT City. This is a domestic order with a total contract value of Rs 59.79 crore. The project is scheduled to be executed over a period of 18 months, encompassing the development and installation of both grid and backup power systems across the SEZ and DTA zones of the city. The company confirmed that the promoter, promoter group, or group companies have no interest in the entity that awarded the contract, and therefore the disclosure is not applicable. Additionally, the contract does not fall under related party transactions, making the question of arm's length pricing not applicable. Rajesh Power Services (RPSL) provides consultancy to state transmission and distribution companies, private utilities, and industries. On full-year basis, the company's net profit surged 285.5% to Rs 26.02 crore on 37.5% jump in net sales to Rs 284.97 crore in FY25 over FY24. Powered by Capital Market - Live

Rajesh Power Services  has received bid confirmation of Lowest Bid at the L1 Stage, being declared as the Successful Bidder for the following various projects:- 1.  Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) at various locations under Kisan Suryoday Yojna (KSY) Scheme of Madhya Gujarat Vij Company (MGVCL). 2. Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) in Bodeli & Dabhoi Division under VKY-2 Scheme of Madhya Gujarat Vij Company (MGVCL). 3. Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) in Dahod & Lunawada Division under VKY-2 Scheme of Madhya Gujarat Vij Company (MGVCL). Powered by Capital Market - Live

These include a turnkey contract for the supply, installation, testing, and commissioning of 11KV Medium Voltage Covered Conductor (MVCC) at various locations under the Kisan Suryoday Yojna (KSY) Scheme. Additionally, the company has secured two more contracts under the VKY-2 Scheme for the supply and installation of 11KV MVCC in Bodeli & Dabhoi Division and Dahod & Lunawada Division. These projects are expected to enhance the distribution network in the region, further strengthening the company's position in the power and infrastructure sectors. Rajesh Power Services (RPSL) provides consultancy to state transmission and distribution companies, private utilities, and industries. On full-year basis, the company's net profit surged 285.5% to Rs 26.02 crore on 37.5% jump in net sales to Rs 284.97 crore in FY25 over FY24. Powered by Capital Market - Live

Rajesh Power Services announced that the Board of Directors of the Company at its meeting held on 15 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Rajesh Power Services will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

Rajesh Power Services has secured orders worth Rs 1,116 crore from government and institutional customers. These include: - Turnkey Based Contract for Supply, Installation, Testing and Commissioning of 11/22KV HT Underground (Cable) / Overhead (MVCC) Network in Gujarat; - Design, Engineering, Manufacturing, Supply Erection, Testing and Commissioning of 220/66kV GIS/AIS Substations in Gujarat; - Supply, Erection, Testing and Commissioning of 132kV/66kV Underground Cable in Gujarat. Powered by Capital Market - Live

The project involves a turnkey contract in Gujarat for the supply, installation, and commissioning of 11/22 kV HT underground and overhead networks, 220/66 kV GIS/AIS substations, and 132 kV/66 kV underground cables, aimed at strengthening the state's power infrastructure. The order, valued at Rs 1,116 crore, is expected to be completed within 12 to 18 months. Rajesh Power Services' current market capitalization on the BSE stands at Rs 2,124.87 crore. Rajesh Power Services (RPSL) provides consultancy to state transmission and distribution companies, private utilities, and industries. On full-year basis, the company's net profit surged 285.5% to Rs 26.02 crore on 37.5% jump in net sales to Rs 284.97 crore in FY25 over FY24.Powered by Capital Market - Live