Rajesh Power forms transmission JV for East Central Railway
Rajesh Power Services Limited has signed a joint venture agreement with VITS Total Power Solutions Private Limited to bid for and execute a transmission project for East Central Railway. The joint venture will operate under the name RPSL-VITS JV. Rajesh Power will hold a 51% stake and act as the lead member, while VITS Total Power Solutions will hold the remaining 49% as the constituent member. The project covers the design, supply, erection, testing, and…