Power Instrumentation Gujarat Ltd (PIGL) has landed a new order worth ₹68 crore, pushing its total unexecuted order book past the ₹500 crore mark, according to a recent update from financial analyst SumitResearch. The fresh order underlines robust demand for the company’s capabilities and strengthens its near-term revenue visibility.
Going forward, PIGL is placing strong emphasis on growth opportunities in data centers and Battery Energy Storage Systems (BESS), which are expected to become key drivers of business expansion.
Why This Matters
- A ₹68 crore order is a significant addition to PIGL’s project pipeline and reinforces investor confidence in its execution ability and order inflow.
- Surpassing a ₹500 crore order backlog provides the company with a strong revenue cushion and better predictability in its financials.
- The strategic focus on data centers and BESS reflects PIGL’s alignment with key trends in power infrastructure and sustainability.
Opportunities Ahead: Data Centers & BESS
Data Centers
With the surge in digital services, cloud computing and enterprise IT demand, data centers are expanding rapidly across India and globally. PIGL’s electrical and instrumentation expertise positions it well to participate in electrical system contracts, utility connections, and infrastructure work required for data centers.
Battery Energy Storage Systems (BESS)
BESS is increasingly critical for grid stability, renewable integration, and load balancing. As more solar and wind projects come online, the need for storage capacity will grow. PIGL can leverage its electrical engineering and EPC credentials to secure work in this fast-growing segment.
