Viviana Power Tech secures Rs 41.5 crore turnkey contract from DGVCL

What Viviana Power Tech announced

Viviana Power Tech Limited disclosed that it has been awarded a new turnkey contract from Dakshin Gujarat Vij Company Limited (DGVCL). The contract is valued at Rs 41,50,36,976 (approximately Rs 41.5 crore) and is inclusive of taxes. The announcement was made through an NSE filing on 7 July 2026.

Details of the turnkey contract

The order is a turnkey engagement, meaning Viviana will be responsible for the complete design, supply, installation, commissioning and hand‑over of the specified power infrastructure. The filing does not elaborate on the scope of work, project location, or expected completion dates. The contract value of Rs 41.50 crore is stated to be inclusive of taxes, indicating that the quoted amount covers all applicable GST and other statutory levies.

"Viviana Power Tech Limited has been awarded a new turnkey contract for amounting to Rs.41,50,36,976.00 (Rupees Forty One Crore Fifty Lakhs Thirty Six Thousand Nine Hundred Seventy Six Only), inclusive of taxes, from client M/s. Dakshin Gujarat Vij Company Limited (DGVCL)."

Key facts at a glance

Why this matters for investors

The award adds a Rs 41.5 crore order to Viviana’s pipeline, potentially contributing to future revenue once the project is executed and recognized. Because the contract is turnkey, the company will likely bear the full execution risk, but also retain the margin associated with end‑to‑end delivery. The filing does not mention any financing requirement, so the order does not imply immediate dilution of existing shareholders. Investors should note that the filing provides no details on the project schedule, payment milestones, or when revenue will be recognized, which are essential to assess the timing of cash‑flow impact.

Conclusion

Viviana Power Tech Limited’s receipt of a Rs 41.5 crore turnkey contract from DGVCL expands its order book and may bolster future earnings, subject to execution and revenue recognition timelines that were not disclosed. The filing is limited to the contract award and does not contain further financial or operational specifics.