Order Win
Viviana Power Tech Secures ₹41.50 Crore Turnkey Contract from DGVCL
NSE
VIVIANA
BSE
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Viviana Power Tech Limited has secured a new turnkey contract worth ₹41.50 crore (inclusive of taxes) from Dakshin Gujarat Vij Company Limited (DGVCL) for underground cable installation and associated infrastructure works. The project is scheduled to be executed over 15 months.
PRICE-SENSITIVE TRIGGER
Event: Award of a turnkey contract from Dakshin Gujarat Vij Company Limited (DGVCL).
Type: Order Win
Impact: Positive
Immediate Effect: Secures a ₹41.50 crore turnkey project, strengthening the company’s order book and execution pipeline.
highlight:
- Order Value: ₹41,50,36,976 (₹41.50 crore)
- Execution Period: 15 Months
What Happened ?
Viviana Power Tech Limited informed the stock exchange that it has received a turnkey contract from Dakshin Gujarat Vij Company Limited (DGVCL) valued at ₹41.50 crore (inclusive of taxes).
The project involves the supply, laying, installation, testing and commissioning of 11KV underground cables, along with erection and dismantling work of TCDP/Pole under DGVCL’s Overhead-to-Underground Scheme and other related schemes.
Key Details
Operational Highlights:
- Awarding authority: Dakshin Gujarat Vij Company Limited (DGVCL).
- Contract value: ₹41,50,36,976 (inclusive of taxes).
- Project includes supply, laying, installation, testing and commissioning of 11KV underground cables.
- Scope also covers erection and dismantling of TCDP/Pole infrastructure.
- Work will be executed under DGVCL’s Overhead-to-Underground Scheme and other related schemes.
- Project execution period is 15 months from the date of the Letter of Award (LoA).
- The contract has been awarded by a domestic entity.
- The company confirmed no promoter or promoter group interest in the awarding entity.
- The order is not a related-party transaction.
- Work order was received on July 6, 2026 at 5:49 PM.
- The company reported no delay in disclosure.
Note:
- The project expands Viviana Power Tech’s execution pipeline in the power distribution infrastructure segment and is expected to contribute to revenue over the contract period.
Risk Analysis
Summary:
- The contract improves order visibility, with financial benefits dependent on timely execution and project completion.
Key Risks:
- Revenue recognition will be linked to project execution milestones.
- Delays in material procurement or site execution could impact timelines.
- Project profitability depends on effective cost management.
- Execution remains subject to customer approvals and operational conditions.
Worst Case:
- Execution delays or cost overruns could defer revenue recognition and impact project margins.
Risk Level: Medium
Company Commentary
- Viviana Power Tech has received a new turnkey contract from DGVCL.
- The order is valued at ₹41.50 crore, inclusive of taxes.
- The project will be executed over 15 months.
- The award is from a domestic entity and is not a related-party transaction.
- The company confirmed there is no promoter or promoter group interest in the awarding entity.
Official Exchange Filing: Viviana Power Tech Limited
