The order involves supply, erection, installation, testing and commissioning of materials and equipment for distribution infrastructure development, the company said.
The project entails on-grid electrification of unelectrified households and public institutions across nine circles—Ajmer, Banswara, Bhilwara, Chittorgarh, Dungarpur, Pratapgarh, Salumbar, Sikar and Udaipur—in tribal villages under the Dharti Aaba Janjatiya Gram Utkarsh Abhiyana (DA-JGUA) scheme as part of the RDSS programme, to be executed on a turnkey basis.
The contract is scheduled to be completed within 12 months. The company clarified that neither the promoter nor promoter group has any interest in the awarding entity and that the order does not fall under related party transactions.
Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment.
The company’s consolidated net profit jumped 5.6% to Rs 3.37 crore on 45.8% rise in revenue from operations to Rs 48.66 crore in Q3 FY26 over Q3 FY25.