Power & Instrumentation (Gujarat) Announces ₹520 Crore Order Book.

Power & Instrumentation (Gujarat) has reported an order book exceeding ₹520 crore in ongoing projects, with an average completion timeline of 12–15 months as of November 14. The company has also placed bids worth over ₹200 crore for new contracts.

Recently, the company secured ₹134 crore in fresh orders, including ₹103 crore for rural electrification under the RDSS scheme and ₹9 crore for solar projects. Additionally, the acquisition of a 51 per cent stake in Peaton Electrical has contributed ₹32 crore to the order book. The deal is expected to enhance backward integration and create synergies for future growth in power and renewable energy projects.