Lakshya Powertech Limited, a rising player in India’s power solutions sector, has secured a significant work order worth ₹2.25 crore (excluding taxes) from Powerica Limited. The contract involves the supply, installation, testing, and commissioning of 2 x 2250 KVA DG Sets for Coca-Cola’s IRIPL facility in Sanand, Ahmedabad. This latest contract win strengthens Lakshya Powertech’s business portfolio and reaffirms its growing presence in the power and energy solutions industry.

The company, which is listed on NSE Emerge, announced this development in an exchange filing on January 31, 2025. The order is expected to be executed within a period of four months, demonstrating the company's efficiency in handling large-scale power infrastructure projects.

Work Order Details and Significance

The project awarded by Powerica Limited, a leading power solutions provider, involves the installation of high-capacity DG Sets for Coca-Cola’s manufacturing facility in Ahmedabad. The IRIPL (Coca-Cola) Sanand plant is a major beverage production facility, requiring a reliable power backup system to ensure uninterrupted operations.

With Lakshya Powertech’s expertise in power generation and backup solutions, this contract win highlights its ability to deliver critical infrastructure for major corporations. The ₹2.25 crore contract boosts the company's order book, contributing positively to its revenue growth prospects.

Project Execution Timeline

The contract is set to be completed within four months, emphasizing Lakshya Powertech’s efficiency and technical capabilities. The timely execution of this order could pave the way for more high-value contracts in the future, further strengthening the company’s position in the power solutions sector.

Impact on Lakshya Powertech’s Business

Winning a major work order from a renowned entity like Powerica Limited not only enhances Lakshya Powertech’s reputation but also indicates strong business momentum. This project underscores the company’s capabilities in handling industrial power infrastructure projects and reflects its growing demand in the market.

Additionally, the fact that this contract is not a related party transaction demonstrates Lakshya Powertech’s independent market strength. This could have a positive impact on investor sentiment, particularly among those looking for growth-driven SME stocks listed on NSE Emerge.

Lakshya Powertech’s Market Position and Growth Outlook

With the growing demand for reliable power solutions, Lakshya Powertech is well-positioned to capitalize on emerging opportunities in the industry. The company’s consistent project wins indicate a strong order pipeline, which could enhance its financial performance and contribute to shareholder value.

Investors and market analysts will be closely watching Lakshya Powertech’s execution of this contract, as timely completion could lead to more business partnerships with leading industrial clients. As the power backup sector expands, the company is expected to witness sustained growth, making it a key player in the segment.

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