Jaipur, February 1, 2025 – RMC Switchgears Limited (BSE: 540358) has announced the receipt of a significant work order worth ₹108.05 crore for the development of distribution infrastructure in Gujarat. The order has been awarded by a private contractor and includes 11 KV underground (UG) cable installations and Ring Main Unit (RMU) system upgrades in multiple districts of the state.
The company views this contract as a reaffirmation of client trust and a reflection of its growing presence in the electrical infrastructure sector. The successful execution of the project is expected to bolster revenue streams and enhance market positioning.
"We remain committed to delivering high-quality solutions and maintaining our leadership in the industry," said Ankit Agarwal, CEO & Whole Time Director of RMC Switchgears Limited.
This development underscores RMC Switchgears’ strategic focus on expanding its footprint in India's power distribution sector while ensuring consistent stakeholder value creation.