Rajesh Power Services inks ₹4,754 crore MoUs to strengthen power infrastructure in Gujarat

Rajesh Power Services Limited (RSPL) signed several Memorandums of Understanding (MoUs) with the Government of Gujarat during the inaugural day of the Vibrant Gujarat Regional Conference (VGRC) 2025, committing to a cumulative investment of ₹4,754 crore.

Rajesh Power Services Limited (RSPL) signed multiple Memorandums of Understanding (MoUs) with the Government of Gujarat on the inaugural day of the Vibrant Gujarat Regional Conference (VGRC) 2025. The MoUs envisage a cumulative investment worth ₹4,754 crore.

Organised by the Government of Gujarat, the first-ever Vibrant Gujarat Regional Conference 2025 is being held at Ganpat University in Mehsana from October 9 to 10, 2025. The two-day business summit was inaugurated by Gujarat Chief Minister Bhupendra Patel and Union Railways, Information and Broadcasting, and Electronics & Information Technology Minister Ashwini Vaishnaw in the presence of Pralhad Joshi, Union Minister of New & Renewable Energy and Consumer Affairs, Food and Public Distribution, other state authorities, and industry leaders.

The MoUs were signed by Kaxil Patel, Director and Chief Financial Officer, Rajesh Power Services Limited, and Ajay Prakash, IAS, Managing Director, Gujarat Power Corporation Limited.

As part of the MoUs, Ahmedabad-based Rajesh Power Services will establish and execute turnkey projects for the conversion of overhead HT (high tension) lines into underground cable networks in different regions of Gujarat. These projects have the potential to generate employment for over 33,000 people over the coming years, which highlights the State Government’s commitment to inclusive economic growth and skill development in Gujarat.

Kurang Panchal, Managing Director, Rajesh Power Services Limited, said, “We are delighted to be a part of the Vibrant Gujarat Regional Conference 2025 being held at Mehsana in Gujarat and extend our sincere gratitude to the Government of Gujarat for their continued trust and support. Each of these MoUs signed today marks a significant step toward strengthening the state’s robust power distribution infrastructure and enhancing reliability for communities across the region. We remain fully committed to executing every project with dedication and excellence, ensuring timely delivery and efficiency in implementation. Together, these initiatives will lay the foundation for future-ready energy solutions and further reinforce Gujarat’s position as a leader in power sector transformation.”

The signing of the MoUs reaffirms RSPL’s long-term commitment to contributing to Gujarat’s development and supporting its vision of a model state in power sector reforms and infrastructure modernisation.