The announcement for Power & Instrumentation (Gujarat) Ltd's latest work order on the Udaipur Air Terminal project is scheduled for April 29, 2026. This order adds ₹2.62 crore, increasing the project's total value to ₹60.51 crore.
The company's involvement on the project includes a prior appointment in September 2024 by the Airports Authority of India (AAI) to manage the power supply system for the new Integrated Passenger Terminal Building at Maharana Pratap Airport, Udaipur. This ongoing engagement reflects an expanded scope for the firm in vital airport infrastructure.
This contract award highlights the company's execution strengths and bolsters its order book. The higher project valuation offers improved visibility into future revenue streams and profitability.
Project completion is targeted within 4-8 weeks of General Arrangement drawing approval. Key risks include potential delays in securing these drawing approvals, which could impact the project timeline, and unforeseen site conditions that might affect profitability.
