Power & Instrumentation (Gujarat) Limited (PIGL) has announced that it has been awarded a ₹9.50 crore contract (excluding GST) from Sadashiv Projects India Private Limited. The contract involves the design, engineering, supply, and testing of a 5 MWp solar ground-mounted project at multiple locations across Gujarat.
The company has secured a contract worth ₹9.50 crore (excluding GST) for the development of a 5 MWp solar ground-mounted project. The scope of work covers the complete cycle, including design, engineering, supply, and testing, ensuring a comprehensive execution approach.
The project is scheduled to be completed within six months, reflecting a fast-track timeline aimed at delivering efficient and reliable solar power infrastructure. This development further reinforces the company’s expertise in executing renewable energy projects at scale.
This project underscores PIGL’s extensive technical expertise and capability to manage every phase of project delivery—from design and engineering to final testing. Securing this order strengthens the company’s position as a trusted partner in India’s expanding clean energy infrastructure. It also marks a key step in PIGL’s expansion into the renewable energy sector, reflecting the growing opportunities in this field.
PIGL is dedicated to quality, timely execution, and sustainable solutions, providing a strong foundation for long-term growth. The company’s extensive experience in energy sectors positions it well to take advantage of opportunities in both conventional and renewable energy.
Commenting on the contract, Padmaraj Padmnabhan Pillai, Managing Director of PIGL, said “We are excited to secure this 5 MWp solar project with Sadashiv Projects India. This contract aligns with our vision of contributing to India’s renewable energy transition and reflects our commitment to building reliable and sustainable energy infrastructure. “
Mr Pillai further added, ” The six-month timeline provides an opportunity for us to demonstrate our capability in executing technically demanding projects while adhering to quality and delivery benchmarks. This is our second solar project, marking an important milestone as we continue to diversify into renewable energy. We see immense growth potential in this sector, and each project strengthens the trust our clients have in us while advancing our long-term strategy of delivering sustainable energy solutions.”
Founded in 1975, PIGL is a leading electrical contracting company specializing in Engineering, Procurement, and Construction (EPC) solutions. The company offers a wide range of services in the transmission and distribution sectors and provides post-installation maintenance. PIGL has successfully completed over 35 airport projects, electrified more than 1,00,000 households, and laid over 20,000 km of HT and LT lines.
The company’s expertise spans the full spectrum of electrical services, including indoor and outdoor substation construction and maintenance, power backup solutions, power distribution, lighting systems, access control, firefighting, and building management systems. Serving a diverse range of clients across industrial, commercial, and governmental sectors, PIGL is known for its reliable project execution and on-time delivery.
In May 2023, PIGL was successfully listed on the main boards of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), marking a significant milestone in its growth journey. For FY25, PIGL reported standalone total income of ₹171.28 crore, EBITDA of ₹19.59 crore, and net profit of ₹11.75 crore.
