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Rajesh Power and Gujarat Government sign MoUs for projects worth Rs 4,754 crore at Vibrant Gujarat Regional Conference 2025

The projects have potential to create employment for over 33,000 people in Gujarat

Mehsana, October 10, 2025: Rajesh Power Services Limited (RSPL), one of the leading EPC  contractors in Power Transmission & Distribution sector, signed multiple Memorandums of  Understanding (MoUs) with the Government of Gujarat on the inaugural day of Vibrant Gujarat  Regional Conference (VGRC) 2025. The MoUs envisage a cumulative investment worth Rs 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 today by Gujarat Chief Minister Shri Bhupendra Patel and  Union Railways, Information and Broadcasting, Electronics & Information Technology Minister  Shri Ashwini Vaishnaw in the presence of Shri 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 Mr Kaxil Patel, Director and Chief Financial Officer, Rajesh Power  Services Limited and Mr 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 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. 

Commenting on the development, Mr. 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 modernization. 

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