Rs 3,628 crore order book: Rajesh Power Services Ltd bags orders worth Rs 24.57 crore from Gujarat Energy Transmission Corporation Ltd (GETCO)

Rajesh Power Services Limited (RPSL), a prominent EPC contractor in the Power Transmission & Distribution sector, has secured a domestic turnkey contract from the Gujarat Energy Transmission Corporation Limited (GETCO) valued at Rs 24.57 crore (Including Taxes). This significant order is for the Supply, Erection, Testing & Commissioning of a 220kV DC (Direct Current) line at Radhanesda, Gujarat, which will utilise an AL-59 (61/3.50) conductor. As a turnkey project, RPSL will handle all aspects of the execution, which is required to be completed within a period of 24 months. This contract, received in the normal course of business, strengthens RPSL's role in supporting India's power transmission infrastructure.

About Rajesh Power Services Limited (RPSL)

RPSL is a premier Engineering, Procurement & Construction (EPC) firm specialising in the Power Transmission & Distribution Sector in India, offering comprehensive turnkey services for projects like GIS and AIS Substations, Extra High Voltage Power Cables, Transmission Lines, and Distribution Systems construction. With over five decades in its core business area, RPSL maintains its leading position by delivering top-class quality and focusing on its customer base of government and institutional clients nationwide.

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The company has a market cap of over Rs 2,600 crore and as of May 15, 2025, the Order Book stands at Rs 3,628 crore. The shares of the company have a PE of 32x, an ROE of 51 per cent and an ROCE of 55 per cent. The stock has given multibagger returns of 138.5 per cent from its 52-week low of Rs 636.50 per share.

Disclaimer: The article is for informational purposes only and not investment advice.