RMC Switchgears has secured multiple Letters of Acceptance (LoAs) from Paschim Gujarat Vij Company (PGVCL) for turnkey underground cabling projects with a combined contract value of ₹333.79 crore.
The awarded contracts cover the site survey, designing, engineering, procurement, supply, installation, testing and commissioning of projects aimed at converting existing 11 kV high-tension (HT) and low-tension (LT) overhead power lines, including consumer service lines, into underground cable networks integrated with Ring Main Systems. The scope of work also includes GIS/Geo Urja mapping and asset tagging under the System Improvement (SI) Scheme.
The projects span multiple packages across Bhavnagar, Anjar, Jamnagar and Junagadh circles, covering subdivisions including Chitra, Ghogha, Adipur, Talaja, Mahuva Rural, Dwarka and Talala.
According to the company, the execution timeline for the projects ranges from 12 months to 18 months from the commencement date, following a 45-day mobilisation period, depending on the respective package.
RMC Switchgears stated that PGVCL is a domestic entity and the contracts have been awarded on a turnkey basis. The company further clarified that its promoter, promoter group and group companies have no interest in the awarding entity, and the contracts do not constitute related-party transactions.
