Power & Instrumentation (Gujarat) Limited (PIGL) (NSE: PIGL, BSE: 543912), one of India’s leading electrical contracting and infrastructure development companies, has announced the receipt of a work order worth ₹21.39 crore (including taxes) from ATS Techno Limited.
The contract involves the design, supply, installation, testing, commissioning, and client handover of a factory shed located at Plot Nos. 9, 10, and 11, Star Platinum Industrial Park, Gam Kuha, on the Ahmedabad–Indore Highway, Gujarat. The project is scheduled to be completed within 12 months.
This latest order strengthens PIGL’s growing presence in India’s industrial infrastructure segment, reflecting its ability to deliver large-scale turnkey projects encompassing engineering, procurement, and on-site execution.
Commenting on the development, Mr. Padmaraj Padmnabhan Pillai, Managing Director of Power & Instrumentation (Gujarat) Limited, said:
“This new order from ATS Techno Limited adds to our recent series of project wins and further reinforces our position in the industrial infrastructure sector. The project at Star Platinum Industrial Park is a testament to our growing participation in Gujarat’s industrial expansion and our continued commitment to delivering high-quality work with efficiency and reliability.
With multiple orders secured in recent months, we continue to maintain healthy revenue visibility and a strong execution pipeline. Our focus remains on timely completion, safety, and performance excellence while supporting our clients’ industrial growth objectives.”
Founded in 1975, Power & Instrumentation (Gujarat) Limited (PIGL) is a reputed player in the electrical contracting and EPC sector, offering end-to-end solutions across transmission, distribution, and industrial power systems. The company’s expertise spans design, supply, installation, and maintenance of energy-efficient electrical systems, including substations, power backup systems, lighting, ELV works, and building management systems.
PIGL has an extensive track record, having completed over 35 airport projects, electrified more than 1,00,000 BPL households, and laid over 20,000 km of HT & LT lines across India. Its clientele includes government, commercial, and industrial sectors.
In May 2023, PIGL successfully migrated to the main boards of NSE and BSE, marking a key milestone in its growth trajectory. For FY 2024–25, the company reported a Standalone Total Income of ₹171.28 crore, EBITDA of ₹19.59 crore, and Net Profit of ₹11.75 crore.