Power & Instrumentation (Gujarat) Limited — New Orders, 17-01-2025: Awarding of order(s)/contract(s)

Power and Instrumentation (Gujarat) Limited has secured a work order valued at INR 17.07 crore for the supply, installation, testing, and commissioning of a 5 MW (AC) Solar Power Project in Latur District, Maharashtra. The contract, awarded by A2 Green Energy Private Limited, is expected to be executed over 18 months. Key milestones include achieving 75% completion within 12 months and the remaining 25% in the following 6 months. The domestic nature of the order and the specific timelines highlight significant growth opportunities in the renewable energy sector, which could bolster the company’s operational capabilities and improve its market position. Investors should maintain a positive outlook as the project aligns with broader sustainability goals.