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Jost’s Engineering Company Limited, in a joint venture with Kay Cee Energy & Infra Limited, has received a Letter of Award from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the construction of 35 Nos. 33 KV RDSS Bays along with 8 Nos. of 33 KV Bus Extension at various Grid Sub Stations. The total contract value is Rs. 16.01 Cr, to be executed over a period of 10 months.
This substantial order signifies a positive development for Jost’s Engineering, enhancing its order book and operational capacity in the energy sector. The project may bolster revenue and profitability, providing a strong opportunity for growth while diversifying their project portfolio. Investor sentiment might benefit from this news, reflecting a bullish outlook on the company’s strategic direction.