Rajesh Power Services has secured a landmark turnkey order worth ₹1,629 crore from Dakshin Gujarat Vij Company, significantly strengthening its growth trajectory.
With the mega order, the company’s aggregate order book has surged 35 per cent to about ₹5,400 crore from ₹4,000 crore.
Rajesh Power will convert existing 11/22kV HT & LT overhead electricity distribution networks into modern underground cable systems with SCADA-compatible equipment across multiple locations under DGVCL’s SI Scheme in 24-month.
The latest order comes on the back of strong business performance, with the company reporting 46 per cent year on-year revenue growth in H1 FY27.
The company operates across Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha.
The focus now is on disciplined execution, profitable growth and creating sustainable long-term value for shareholders, said the company.
Shares of the company were up marginally at ₹830 on Thursday.
Published on November 5, 2026
