Power & Instrumentation (Gujarat) Limited — Updates, 17-01-2025: Press Release

Power & Instrumentation (Gujarat) Limited has secured a work order valued at ₹17.07 Cr from A2 Green Energy for a 5 MW (AC) Solar Power Project in Latur District, Maharashtra. This contract entails the Supply, Installation, Testing, and Commissioning of essential plant and equipment, with an anticipated project duration of 18 months. This order marks the company's foray into Solar EPC projects, aligning with India’s renewable energy goals and showcasing its capabilities in executing large-scale initiatives. The Managing Director expressed enthusiasm about the new opportunities this project presents, indicating a commitment to quality and efficient project delivery. With an emphasis on renewable energy, this development may bolster the company's growth trajectory in a dynamic market, making it a significant development to monitor moving forward.