RMC Switchgears Limited has strengthened its order pipeline with fresh contracts worth a combined ₹344.10 crore, led by 12 Letters of Acceptance (LOAs) from Paschim Gujarat Vij Company Limited (PGVCL) valued at ₹333.80 crore. The new orders take the company’s unexecuted order book to approximately ₹1,188 crore, providing strong visibility for future revenue growth.
The PGVCL contracts involve the conversion of existing 11 kV high-tension and low-tension overhead networks, including consumer service lines, into underground cable networks. The projects will also include Ring Main Systems, GIS and Geo Urja Mapping developed by GUVNL, and asset tagging under the SI Scheme.
RMC will execute the PGVCL projects on a turnkey basis. The scope covers site surveys, design and engineering, procurement and supply, transportation, storage, installation, testing and commissioning, along with the required documentation. The contracts are scheduled for completion within 12 to 18 months following the stipulated commencement period of 45 days.
The company has also received an order worth ₹5.02 crore from Genus Power Infrastructures Limited for 1.1 KW underground panel mounting structures. Another order worth ₹2.84 crore has been awarded by Jaipur Vidyut Vitran Nigam Limited for 100 Amp LT distribution kiosks suitable for underground cabling.
In addition, RMC has received a Letter of Intent worth ₹2.44 crore from Southern Power Distribution Company of Telangana Limited for the supply of LT distribution boxes. The Genus Power and Jaipur Vidyut Vitran Nigam projects are expected to be completed within six months each, while the Telangana order has a 12-month execution period. All the orders have been awarded by domestic entities and are not related-party transactions. The company said neither its promoters, promoter group nor group companies have any interest in the entities that awarded the contracts.
Commenting on the order wins, Ankit Agrawal, CEO and Whole-Time Director, RMC Switchgears Limited, said the fresh orders reflect continued confidence from power utilities in the company’s capabilities. He said the PGVCL mandate brings together RMC’s capabilities across survey, engineering, procurement, installation, testing and commissioning, while the other contracts strengthen demand across its electrical products portfolio.
RMC Switchgears is focused on electrical infrastructure solutions, including electrical enclosures, smart meter enclosures, distribution products and services for power utilities. The company supports the modernisation of electricity distribution networks through manufacturing, installation and operations and maintenance services. RMC is also expanding into solar EPC, green energy projects, independent power producer solutions and water management infrastructure, with a focus on supporting India’s growing infrastructure and power distribution requirements.
