Power & Instrumentation Gujarat Secures Rs 28.41 Cr Contracts for Jharkhand Electrification

Power & Instrumentation (Gujarat) Limited has secured contracts worth Rs 28.41 Cr under the Mukhyamantri Ujjawal Jharkhand Yojana for electrifying un-electrified and partially electrified regions of Sahibganj District. The project aims to enhance infrastructure and living standards in both rural and urban areas.

In a significant development, Power & Instrumentation (Gujarat) Limited (NSE - PIGL, BSE - 543912), a key player in the electrical contracting and equipment industry, has been awarded contracts worth Rs 28.41 Cr under the Mukhyamantri Ujjawal Jharkhand Yojana (MUJY). These contracts aim to electrify un-electrified and partially electrified habitations and households in the Sahibganj District of Jharkhand.

According to the details, Contract Part I involves the loading, transportation, installation, and commissioning of infrastructure to ensure reliable electricity supply to both rural and urban areas. This portion is valued at Rs 22.92 Cr. Contract Part II includes a comprehensive range of activities such as site surveys, planning, engineering, and material supply, with a total value of Rs 5.49 Cr.

Power & Instrumentation (Gujarat) Limited, with a proven track record of executing projects valued above Rs 100 Cr, brings its extensive expertise to these new contracts. Commenting on the achievement, Managing Director Padmaraj Padmnabhan Pillai highlighted that receiving these contracts marks a major milestone for the company. He emphasized the firm's commitment to delivering high-quality infrastructure solutions, promising timely completion and adherence to top-tier standards.

(With inputs from agencies.)