Lakshya Powertech secures ₹11.17 crore order from Powerica for DG set installations
Team Finance Saathi
25/Apr/2025

What's covered under the Article:
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Lakshya Powertech wins a domestic contract worth ₹11.17 crore from Powerica for DG sets.
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The project involves supplying and installing materials for 8 x 2250 KVA DG sets within 6–8 months.
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The order does not involve any related party transactions or promoter interest.
Lakshya Powertech Limited has secured a significant domestic order from Powerica Limited, marking another major milestone for the company in the energy and infrastructure segment. The ₹11.17 crore contract (excluding taxes) involves the supply of installation materials and installation services for 8 units of 2250 KVA diesel generator (DG) sets.
This development not only strengthens Lakshya Powertech's order book but also reflects the continued confidence of large players like Powerica in the company’s execution capabilities.
Order Details and Scope of Work
As per regulatory disclosures, the nature of the order involves both supply and installation — a complete package that typically includes project planning, procurement, logistics, technical labor, quality assurance, and safety compliance. Specifically, Lakshya Powertech will supply and install required materials for 8 diesel generators of 2250 KVA capacity each.
The contract is entirely domestic in nature, awarded by Powerica Limited — one of India’s leading players in the power generation and engine-based applications sector.
The execution timeline is estimated at 6 to 8 months, which highlights the urgency and efficiency expected by the client and reflects the ability of Lakshya Powertech to manage large-scale energy infrastructure projects within strict deadlines.
Contract Value and Financial Details
The contract is valued at ₹11,16,92,042/- (Eleven Crore Sixteen Lakh Ninety-Two Thousand Forty-Two Rupees), excluding taxes. This substantial deal adds considerable weight to Lakshya Powertech’s ongoing and upcoming revenue streams and improves visibility into the company’s growth for the upcoming quarters.
This order does not involve any related party transaction and there is no involvement or interest from the promoter/promoter group or their affiliates in the entity awarding the contract.
Market Relevance and Strategic Importance
Lakshya Powertech’s partnership with Powerica Limited signifies the growing demand for high-capacity diesel generators in India’s commercial and industrial segments. With energy reliability becoming a key issue amid grid instability and rising power needs, contracts like these hold vital importance for infrastructural stability and industrial operations.
2250 KVA DG sets are typically deployed in large commercial hubs, industrial complexes, data centers, and hospitals — any location where power failure can lead to significant operational risks. The installation of 8 such units signals a substantial project that will require robust technical expertise, heavy-duty logistics, and precision installation techniques.
This order may also position Lakshya Powertech favorably for future projects with similar requirements as companies look for proven partners to handle end-to-end execution.
Company Outlook and Growth Trajectory
For Lakshya Powertech Limited, this new win enhances its position in the competitive energy solutions market, particularly in the backup power infrastructure domain. The company has consistently focused on delivering turnkey projects involving energy systems, control panels, automation, and backup power solutions.
This deal further establishes its credibility and supports its long-term vision of becoming a leading energy systems integrator and EPC player.
Powerica Limited, the awarding entity, is a renowned player in India’s generator set manufacturing and energy services domain. Their choice of Lakshya Powertech signals a strategic partnership based on technical merit and project execution history.
Industry Context and Future Potential
With India’s energy landscape evolving rapidly and power demands increasing, diesel generators continue to play a key role — especially in backup and emergency systems. Despite the global shift towards renewables, DG sets remain an indispensable part of India’s industrial and commercial setup.
This order could pave the way for more such turnkey projects, especially with increased private sector investments in manufacturing, logistics, warehousing, and healthcare, all of which require reliable backup power solutions.
As governments and corporations push for more resilient infrastructure, companies like Lakshya Powertech that offer integrated services — from supply to commissioning — are likely to benefit the most.
Conclusion
This latest contract win reaffirms Lakshya Powertech’s growing presence and execution strength in the Indian power infrastructure sector. With a clear timeline, robust scope, and a respectable valuation, this project is expected to contribute significantly to the company’s revenue pipeline in the next two quarters.
Going forward, industry experts will be watching how efficiently Lakshya Powertech delivers on this project and whether it can translate such wins into long-term recurring business — possibly with Powerica or other major players in the energy space.
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