Shivalic Power Control secures ₹360 lakh LT panel orders from Indian companies
K N Mishra
30/Apr/2025
What's covered under the Article:
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Shivalic Power Control Limited secured new LT panel supply orders worth ₹360 lakh from two reputed Indian firms.
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The orders come from a major paper manufacturer and a green energy industrial group, boosting sector credibility.
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These domestic projects are expected to be completed by July 2025, reinforcing Shivalic’s industry leadership.
In a noteworthy development for the Indian industrial and power distribution sector, Shivalic Power Control Limited has announced that it has secured new commercial orders worth ₹360 lakh for the supply of Low Tension (LT) panels. These orders have been placed by two reputed domestic clients—one being a leading paper manufacturing company in North India, and the other a prominent industrial group involved in green energy solutions. This announcement was made through a disclosure to the National Stock Exchange of India (NSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The project orders are significant for several reasons. First and foremost, they reflect the growing confidence that respected clients place in Shivalic Power Control’s engineering and execution capabilities. The combined value of these projects, amounting to ₹360 lakh (₹3.6 crore), underscores the company’s strong foothold in the power distribution equipment manufacturing space, especially concerning LT panels.
These orders are purely domestic in nature and were confirmed to have been received from Indian companies. The execution of these orders is scheduled for completion by July 2025, showing a clearly defined short- to medium-term project timeline. According to the company’s disclosure, none of the entities awarding the contracts are related parties, and no promoter or promoter group companies have any vested interest in them.
This development aligns with the increasing demand for efficient and technologically advanced power distribution systems in India. The focus on green energy and infrastructure modernization by both the government and private enterprises has opened up vast opportunities for companies like Shivalic Power Control. The fact that a green energy-focused industrial group is among the clients further reflects the synergy between Shivalic’s product offerings and the needs of forward-looking, sustainability-driven businesses.
From a business growth standpoint, this order win comes at a strategic time. With industries bouncing back post-pandemic and infrastructure spending on the rise, Shivalic Power Control is capitalizing on market momentum. It is also indicative of the company’s ability to compete effectively in a highly technical and competitive market.
Furthermore, this is not just about numbers or order size. It represents a reaffirmation of trust in Shivalic Power Control’s technical expertise, timely delivery, and project management capabilities. The company has previously completed several prestigious projects in power distribution, and this addition to their order book solidifies its brand image as a reliable partner for large-scale electrical projects.
Let’s delve deeper into the implications and benefits of this development:
Confidence in Shivalic’s Capabilities
The fact that two high-profile companies have awarded LT panel contracts worth a total of ₹360 lakh speaks volumes about Shivalic Power Control’s credibility. These aren’t random contracts from small entities; instead, they’re from industries that demand rigorous compliance, robust quality assurance, and on-time project delivery. This trust has been earned through consistent performance and a strong track record.
Strengthening Position in Power Distribution Sector
By securing orders from clients in paper manufacturing and green energy, Shivalic Power Control strengthens its presence in two fast-growing verticals. Paper manufacturing continues to remain a major industrial sector in India, and with a push towards sustainability and digitization, it's rapidly adopting energy-efficient systems. Meanwhile, the green energy sector is witnessing explosive growth, making partnerships in this domain not only lucrative but also strategic for the company’s future growth.
The supply of Low Tension panels, an essential component in electrical systems, particularly in large commercial and industrial setups, is central to ensuring the safe and efficient distribution of electrical power. Shivalic’s contribution to this segment boosts its image as an innovative and reliable OEM (Original Equipment Manufacturer).
Project Timeline and Clarity
Another commendable aspect of this disclosure is the transparency and clarity around timelines. The company has stated that the projects are expected to be executed by July 2025, giving investors and stakeholders a clear outlook on short-term revenue recognition. Such disclosures enhance stakeholder trust and are in compliance with SEBI’s good corporate governance norms.
SEBI Disclosure in Line with Compliance
This announcement was made following SEBI’s Regulation 30 as per the CIR/CFD/CMD/4/2015 circular dated September 9, 2015. It contains detailed disclosures including the names of the awarding entities (Party 1 and Party 2), nature of the order (commercial), project size (₹360 lakh), execution deadline (July 2025), and confirmation that the awarding parties are not related to the promoter group. Such compliance ensures transparency in operations and timely dissemination of material information to the public and investors.
No Conflict of Interest or Related Party Transactions
It is especially important for investors and regulatory bodies to note that the company has categorically denied any related party involvement in these orders. This builds greater confidence in the company’s ethical standards and corporate governance practices.
Strategic Business Development
With these new contracts, Shivalic Power Control is on course to expand its business development efforts into newer sectors, especially sustainability-linked industries. Their involvement with clients in the green energy space opens the door for further collaboration in renewable power projects, potentially leading to repeat orders and long-term partnerships.
Contribution to ‘Make in India’ and Infrastructure Development
These orders also align with the ‘Make in India’ initiative, which promotes domestic manufacturing and self-reliance in critical infrastructure. Shivalic, being based in Faridabad, continues to contribute significantly to regional industrial development and job creation through such high-value orders.
Conclusion
In conclusion, the recent order win by Shivalic Power Control Limited for the supply of Low Tension panels worth ₹360 lakh marks an important milestone in the company’s growth journey. The confidence of reputed clients, the scale of the orders, and the sectors they come from all combine to strengthen the company’s market position in the power distribution segment.
By aligning its services with modern industry demands and sustainability goals, and adhering strictly to SEBI compliance requirements, Shivalic Power Control is poised to emerge as a key player in India’s evolving electrical infrastructure landscape.
With projects expected to be completed by July 2025, stakeholders and industry watchers will be keenly tracking the company’s execution capabilities, future orders, and expansion in allied sectors. This development, undoubtedly, adds a positive momentum to Shivalic Power Control’s reputation and growth narrative in the Indian industrial ecosystem.
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