PIGL adds ₹2.61 Cr order, raising Udaipur contract to ₹60.51 Cr
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Data Extracted via Frism DocuLens
- Power & Instrumentation (Guj.) Limited (PIGL) landed two new work orders worth ₹2.61 crore, raising the Udaipur Air Terminal contract to roughly ₹60.51 crore.
- The order adds immediate revenue and, with execution slated in 4‑8 weeks, should generate rapid cash inflows.
- Covering design, supply, installation, testing, commissioning and hand‑over, the project is expected to deliver healthy engineering margins.
- Boosts PIGL’s footprint in the fast‑growing aviation‑infrastructure segment, though reliance on a single airport introduces execution and payment concentration risks.
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