Power & Instrumentation (Gujarat) Limited — New Orders, 15-04-2025: Awarding of order(s)/contract(s)

Power and Instrumentation (Gujarat) Limited has received a work order valued at INR 80.24 crore for the erection of a 350 MVA Power Transformer, along with oil filtration, pre-erection testing, and oil sample testing at the 400kV GIS PSS-2 GIPCL Khavda Project. This project, awarded by Godrej & Boyce Mfg Co Ltd, is expected to be completed within one month from the order acceptance date. The domestic nature of the order and the absence of any conflicts of interest with promoter groups indicate a straightforward and potentially lucrative engagement. This development could bolster the company's revenue stream, reflecting positively on its operational capabilities. Investors should watch closely for any updates on project execution and overall impact on financial performance.