On May 1, 2025, Power & Instrumentation (Gujarat) Limited (PIGL), one of India’s leading electrical contracting and EPC services providers, proudly celebrates its 50th anniversary. This milestone is a testament to the company’s dedication, innovation, and exceptional service to India's growing electrical infrastructure over the past five decades.

A Vision Becomes Reality: The Foundation of PIGL

Founded in 1975 by Mr. Padmanabhan Pillai, Power & Instrumentation (Gujarat) Ltd. started as a small electrical contracting firm, aiming to provide reliable electrical solutions across India. The company quickly became known for its commitment to quality and customer trust, setting the stage for its future growth.

Key Milestones in the Journey

1975: A Vision is Born The company was established with a focus on quality electrical services and a commitment to excellence. The initial years saw small-scale contracts and a steadily growing reputation in the industry.

1982: Formalizing the Foundation In 1982, the company was incorporated as Power & Instrumentation (Gujarat) Private Limited, marking the beginning of structured growth and increased project delivery capabilities.

1988: First Major Order The company secured its first major contract with the Airport Authority of India, establishing itself as a national player in the electrical contracting sector.

1994: Powering Telecom Growth PIGL commissioned India’s largest distribution substation for MTNL, contributing significantly to the country’s telecom revolution and expanding the company’s expertise.

2004: A Name to Trust In 2004, the company rebranded as Power & Instrumentation (Gujarat) Limited, reinforcing its reputation as a reliable partner across various sectors, including power, telecom, and infrastructure.

2007: Expanding Manufacturing Capabilities The launch of Peaton Electricals in 2007 allowed the company to control quality through in-house manufacturing, ensuring that its projects met the highest standards.

2009: Landmark Airport Project The completion of the Ahmedabad International Airport project was a major achievement, demonstrating the company’s capability to handle high-profile and complex assignments.

2014: Leadership in T&D Winning a major order from AVVNL (Ajmer Vidyut Vitran Nigam Limited) cemented the company’s leadership in the transmission and distribution sector.

2018: Public Listing Power & Instrumentation (Gujarat) Ltd. went public in 2018 by listing on the NSE Emerge platform, broadening its investor base and visibility.

2021: Scale and Strength By 2021, the company surpassed ₹2,000 Crore in executed project value, with over 250 professionals and 300 completed projects, making it a significant player in the electrical contracting industry.

2023: Main Board Debut PIGL made its debut on the main boards of both the NSE and BSE in 2023, marking a significant milestone in its corporate journey.

2025: A Future Focused on High-Voltage Infrastructure The company’s most recent achievement is the award of its first 400 kV Extra High Voltage (EHV) transmission order in 2025. This marks the company’s entry into high-voltage infrastructure, ensuring its continued role in powering India’s future.

A Look Toward the Future

As Power & Instrumentation (Gujarat) Ltd. celebrates its Golden Jubilee, the company remains committed to delivering innovative, sustainable, and safe power solutions. With its strong foundation and a track record of delivering large-scale projects, the company is poised to enter the next phase of growth, focusing on high-voltage infrastructure and expanding its footprint across India.

Mr. Padmanabhan Pillai, Managing Director of Power & Instrumentation (Gujarat) Limited, commented on the achievement: "Reaching our 50th anniversary is a truly proud moment. Every milestone, from our first order to landmark projects like the MTNL substation and Ahmedabad International Airport, has been driven by our vision to deliver safe, reliable, and innovative power solutions for India’s growth. As we embark on our next 50 years, we are excited about building on this legacy, especially with our first 400 kV project underway."

About Power & Instrumentation (Gujarat) Limited

Founded in 1975, Power & Instrumentation (Gujarat) Limited has grown into one of India’s leading EPC service providers in the electrical contracting sector. With a focus on transmission and distribution projects, the company has completed over 35 airport projects, electrified more than 1,00,000 households, and laid over 20,000 km of high-tension (HT) and low-tension (LT) lines. Its diverse portfolio includes design, supply, installation, and maintenance of energy-efficient power systems across various sectors, including industrial, commercial, and government.

For FY24, the company reported total income of ₹102.03 Crore, EBITDA of ₹12.36 Crore, and net profit of ₹5.93 Crore.

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