Big news from the renewable energy front! Power & Instrumentation (Gujarat) Limited (PIGL) has just announced a major win, securing a substantial work order that’s set to power up its project portfolio. 🚀
The company has bagged a contract worth a whopping ₹9,50,00,000/- (that’s Nine Crore Fifty Lacs!), excluding GST, from M/s Sadashiv Projects India Private Limited. This isn’t just any order; it’s for a significant 5.00 MWP Solar Ground Mounted project, covering everything from design and engineering to supply, testing, and various services across multiple locations in Gujarat.
This project is a fantastic step for PIGL, reinforcing its position in the burgeoning solar energy sector. With a tight execution timeline of just 6 months, it highlights the company’s capability to deliver large-scale renewable energy solutions efficiently. It’s also a purely domestic venture, showcasing local expertise driving India’s green energy transition.
For those keeping an eye on the energy sector, this kind of order underscores the continued push towards sustainable power sources. PIGL’s involvement in such projects not only contributes to India’s renewable energy goals but also strengthens its own growth trajectory. It’s exciting to see companies like PIGL actively building the infrastructure for a greener future! 💡
source: Corporate Announcement