Power and Instrumentation (Gujarat) Limited, a leading infrastructure and electrical EPC player, has been awarded a significant contract worth ₹21,40,86,042 (including GST) for carrying out electrical system works at the Udaipur Air Terminal in Rajasthan. The contract has been granted by Nyati Engineering & Construction Private Limited, a domestic infrastructure development entity.

This new win strengthens the company’s position in the power infrastructure segment and highlights its growing involvement in aviation-related projects across India.

Project Scope: Comprehensive Electrical System Deployment

The contract awarded is for “Design, Supply, Installation, Testing, Commissioning, and Client Handover of the Power Supply System” at the Udaipur airport terminal. This involves:

• Planning and engineering of the electrical setup from scratch

• Procurement and delivery of all necessary electrical components and systems

• On-site installation and integration of the systems

• Extensive testing and validation to ensure safety and reliability

• Commissioning and handover to the client after meeting all compliance norms

This turnkey nature of the contract indicates Power and Instrumentation Gujarat’s technical expertise and execution capabilities in managing large-scale, time-sensitive infrastructure projects.

Execution Timeline: Six Months from Effective Date

The project is expected to be completed within a six-month period from the Effective Date (Date of Award of Contract). As per the contract, the entire scope – including 100% of the deliverables – must be completed within this timeline.

This reflects the agility and project management discipline the company brings to time-bound projects, especially in the public infrastructure and aviation domain, where adherence to schedules is critical.

Nature of the Project: Domestic EPC Work

The project is a domestic contract, reinforcing the company’s commitment to national infrastructure development. It is not influenced by any international bidding, showcasing its strong footprint in India’s domestic market.

Contract Size and Financial Implication

The total size of the order stands at ₹21.4 crore (inclusive of GST). This is a significant addition to the company’s order book and is likely to contribute positively to the revenue visibility for the current and upcoming financial years.

Such projects also help strengthen cash flows, enhance brand equity, and improve operational scale in the infrastructure segment.

No Related Party Involvement Ensures Corporate Governance

It is noteworthy that:

• There is no involvement of promoter or promoter group entities in Nyati Engineering & Construction Private Limited.

• The deal does not fall under related party transactions, ensuring clean corporate governance and arms-length dealing.

This upholds shareholder confidence and aligns with SEBI's norms on transparency in contract awards.

Strategic Importance: Udaipur Airport Project

The Udaipur Air Terminal is one of Rajasthan’s prominent domestic airports, handling a growing volume of tourist and business air traffic. The electrical infrastructure upgrade aligns with India’s focus on:

• Modernizing airport facilities

• Improving energy efficiency and sustainability

• Enhancing passenger experience and terminal reliability

Power and Instrumentation Gujarat’s involvement in this key project reflects its technical trustworthiness and capacity to deliver in strategically significant sectors.

About Power and Instrumentation (Gujarat) Limited

Power and Instrumentation (Gujarat) Limited is an ISO-certified EPC company engaged in providing electrical contracting services across industries, including:

• Airports and aviation

• Railways and metro infrastructure

• Government buildings

• Commercial and institutional complexes

Its services span electrification, HVAC systems, security & surveillance, and more.

The company has executed projects across Delhi, Gujarat, Maharashtra, Rajasthan, and several other states.

Outlook: Boost to Order Book and Future Growth

This ₹21.4 Cr contract win will bolster the company's order book for FY25 and enhance its presence in the aviation infrastructure segment. The six-month execution period implies potential revenue recognition in the short to medium term.

The order further solidifies the company’s pipeline of secured, government-aligned projects, positioning it to benefit from the ongoing infrastructure boom in India.

Conclusion

The award of this EPC contract for Udaipur Air Terminal adds another milestone in Power and Instrumentation Gujarat’s journey as a reliable infrastructure solutions provider. With a clear focus on execution efficiency, governance transparency, and technical capability, the company is likely to remain a key player in India’s infrastructure development narrative.

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