- CEO
- Utsav Nehal Panchal
- Full Time Employees
- 2,134
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Ahmedabad India
- IPO Date
- Dec 2, 2024
- Business
- Rajesh Power Services Limited is an India-based engineering, procurement, and construction (EPC) contracting and power infrastructure services company. Founded in 1971 and headquartered in Ahmedabad, Gujarat, the company provides comprehensive turnkey electrical solutions, project execution, and specialized technical consultancy services to state electricity boards, private power distribution utilities, renewable energy developers, industrial establishments, and commercial clients primarily across India. The company operates through three principal business segments: Power Transmission and Distribution EPC, Renewable Energy Solutions, and Utility Operation and Maintenance Services.
The company's core products and service offerings comprise: engineering, procurement, laying, jointing, termination, and commissioning of extra-high-voltage (EHV), high-voltage (HV), and medium-voltage (MV) underground power cables using trenchless horizontal directional drilling (HDD) and conventional trenching methods; design, civil construction, erection, and commissioning of air-insulated switchgear (AIS) and gas-insulated switchgear (GIS) substations up to 400 kV; installation, reconductoring, and stringing of overhead power transmission and distribution lines; turnkey engineering, procurement, and construction of solar photovoltaic (PV) power projects, including utility-scale ground-mounted solar plants, commercial and industrial (C&I) rooftop solar installations, and solar agricultural feeders; comprehensive operation and maintenance (O&M) services for transmission lines, substations, switchyards, and solar power plants; specialized underground cable fault identification, localization, and high-voltage diagnostic testing services; smart grid modernization infrastructure, Advanced Metering Infrastructure (AMI), and Automated Meter Reading (AMR) deployment; geographic information system (GIS) based electrical asset mapping and network survey solutions; and the supply and integration of electrical control panels, power transformers, switchgears, and balance-of-system electrical hardware.
In recent developments, Rajesh Power Services Limited successfully completed an Initial Public Offering (IPO) and listed its equity shares on the BSE SME platform to support capital expenditures, enhance working capital, and accelerate business growth. The company has undertaken the development of a greenfield manufacturing facility dedicated to producing specialized direct-current (DC) solar cables and high-voltage cable accessories to strengthen its integrated manufacturing and supply chain capabilities. In addition, the company has expanded its EPC order book under the Government of India's Revamped Distribution Sector Scheme (RDSS), securing large-scale turnkey contracts for distribution loss reduction, underground cabling, feeder separation, and smart metering implementations. The company has also expanded its renewable energy portfolio through new agreements for distributed solar projects and upgraded its technical field fleet with advanced mobile cable diagnostic and fault-locating systems.