Power & Instrumentation Gujarat Ltd has received a Letter of Award (LOA) for the development of a substation at Terminal 2 of Sardar Vallabhbhai Patel International Airport in Ahmedabad by Ahmedabad International Airport Ltd, which is part of the Adani Group.

The contract is valued at Rs 20,93,26,922 (approximately 20.93 crore), inclusive of all applicable taxes and duties, with GST at 18% (excluding labor cess at 1%).

The project involves the construction and installation of a substation to support the airport's infrastructure.

The work is expected to be completed within four months from the effective date of May 7, 2024.

This contract is a significant step for Power & Instrumentation Gujarat Ltd, reinforcing its role in supporting critical infrastructure projects in the aviation sector and enhancing its business portfolio within the Adani Group's operations.