Viviana Power Tech wins ₹71.39 crore order from PGVCL
Viviana Power Tech has secured a domestic contract worth ₹71,38,64,233 from Paschim Gujarat Vij Company Limited for converting existing 11 kV HT and LT line networks to underground cable systems. The project, received on July 8, 2026, has a stipulated completion time of 18 months from the date of the Letter of Award.
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Viviana Power Tech has secured a contract valued at ₹71,38,64,233 from Paschim Gujarat Vij Company Limited (PGVCL) for the conversion of overhead power lines to underground cables. The project involves converting existing 11 kV HT Line and LT Line networks, including consumer service lines, into an underground cable network with a ring main system. The work order was received on July 8, 2026, at 8:16 pm.
Contract Details
The key parameters of the awarded contract are outlined below:
| Parameter | Details |
|---|---|
| Contract Value | ₹71,38,64,233 |
| Awarding Authority | Paschim Gujarat Vij Company Limited (PGVCL) |
| Nature of Contract | Domestic |
| Scope of Work | Conversion of existing 11 kV HT Line and LT Line network including consumer service lines into underground cable network with ring main system |
| Project Duration | 18 months from the date of LOA |
Significance of the Order
The contract focuses on power distribution modernisation by transitioning infrastructure from overhead lines to underground cables. Paschim Gujarat Vij Company Limited is a key power distribution utility operating in the western region of Gujarat. The award of this project underscores Viviana Power Tech's capabilities in the power infrastructure and electrical contracting space.
Historical Stock Returns for Viviana Power Tech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.66% | -6.59% | -6.03% | +8.54% | -36.07% | +642.66% |
How will this ₹71 crore contract impact Viviana Power Tech's revenue projections for the current and next fiscal years?
Does Viviana Power Tech have the existing capacity to execute this 18-month project, or will they need to hire additional manpower or subcontractors?
Could this successful bid with PGVCL serve as a reference to secure similar underground cabling contracts from other state power utilities?
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