Power & Instrumentation Marks 50 Years of Electrifying India

05 May 2025 CW Team

Founded by Mr. Padmanabhan Pillai with a vision to provide reliable electrical solutions, the company has kept pace with India鈥檚 evolving infrastructure needs. Today, PIGL is celebrated not just for its legacy, but also for its continued innovation鈥攅vident in its recent entry into the Extra High Voltage (EHV) segment with a 400 kV transmission project.

Key Milestones Over the Decades:

1975: Inception as a small electrical contracting firm.

1988: Secures its first major national project with the Airport Authority of India.

1994: Builds India鈥檚 largest distribution substation for MTNL.

2004: Rebrands to reflect growing stature.

2007: Launches Peaton Electricals for in-house manufacturing.

2009: Delivers the high-profile Ahmedabad International Airport project.

2018: Lists on NSE Emerge.

2021: Crosses Rs 20 billion in executed project value.

2023: Migrates to the main boards of NSE and BSE.

2025: Secures first 400 kV transmission order.

鈥淎s we celebrate this milestone, we鈥檙e proud of how far we鈥檝e come鈥攆rom executing our first order in 1975 to lighting up over 100,000 homes and completing over 300 projects,鈥� said Mr. Padmaraj Padmanabhan Pillai, Managing Director. 鈥淥ur journey has been powered by our team, clients, and partners, and we鈥檙e now focused on scaling new heights in the EHV segment.鈥�

PIGL in Numbers:

Revenue (FY24): Rs 1.02 billion

EBITDA: Rs 123.6 million

Net Profit: Rs 59.3 million

Projects Completed: 300+

Airports Electrified: 35+

HT & LT Lines Laid: 20,000+ km

Known for end-to-end capabilities鈥攆rom designing and installing substations to lighting systems and BMS鈥攖he company serves diverse sectors, including industrial, commercial, and government clients.

Looking ahead, Power & Instrumentation (Guj.) Ltd. remains committed to powering India鈥檚 future with integrity, sustainability, and cutting-edge engineering.

Power & Instrumentation (Gujarat) Limited (NSE: PIGL, BSE: 543912) has completed a remarkable 50-year journey as a trusted name in India鈥檚 power infrastructure sector. From its humble beginnings in 1975, the company has grown into a leading EPC services provider, executing over Rs 20 billion worth of projects and shaping India鈥檚 energy landscape. Founded by Mr. Padmanabhan Pillai with a vision to provide reliable electrical solutions, the company has kept pace with India鈥檚 evolving infrastructure needs. Today, PIGL is celebrated not just for its legacy, but also for its continued innovation鈥攅vident in its recent entry into the Extra High Voltage (EHV) segment with a 400 kV transmission project. Key Milestones Over the Decades: 1975: Inception as a small electrical contracting firm. 1988: Secures its first major national project with the Airport Authority of India. 1994: Builds India鈥檚 largest distribution substation for MTNL. 2004: Rebrands to reflect growing stature. 2007: Launches Peaton Electricals for in-house manufacturing. 2009: Delivers the high-profile Ahmedabad International Airport project. 2018: Lists on NSE Emerge. 2021: Crosses Rs 20 billion in executed project value. 2023: Migrates to the main boards of NSE and BSE. 2025: Secures first 400 kV transmission order. 鈥淎s we celebrate this milestone, we鈥檙e proud of how far we鈥檝e come鈥攆rom executing our first order in 1975 to lighting up over 100,000 homes and completing over 300 projects,鈥� said Mr. Padmaraj Padmanabhan Pillai, Managing Director. 鈥淥ur journey has been powered by our team, clients, and partners, and we鈥檙e now focused on scaling new heights in the EHV segment.鈥� PIGL in Numbers: Revenue (FY24): Rs 1.02 billion EBITDA: Rs 123.6 million Net Profit: Rs 59.3 million Projects Completed: 300+ Airports Electrified: 35+ HT & LT Lines Laid: 20,000+ km Known for end-to-end capabilities鈥攆rom designing and installing substations to lighting systems and BMS鈥攖he company serves diverse sectors, including industrial, commercial, and government clients. Looking ahead, Power & Instrumentation (Guj.) Ltd. remains committed to powering India鈥檚 future with integrity, sustainability, and cutting-edge engineering.

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