Rajesh Power Services Limited (RPSL) is an established company in the power infrastructure sector, originally formed as a partnership firm called "Rajesh Traders" in 1971. It later converted into a private limited company in 2010 and subsequently became a public limited company in 2024. The company specializes in both renewable and non-renewable power sector services, with a strong focus on solar power generation, transmission, and distribution infrastructure.

Key Developments and Business Areas:

1. Solar Power Initiatives:
   • RPSL entered the solar power generation sector in 2012 with a 1MW solar power plant in Gujarat, under one of the first solar schemes launched by the Gujarat government. The plant continues to generate and supply power to PGVCL DISCOM.
   • The company has expanded its expertise in building, operating, and maintaining solar power plants across Western India and has worked on major projects, including Adani’s 300MW solar plant in Rajasthan.
2. Business Expansion and Orders:
   • RPSL is actively involved in executing projects under the Central Government’s Revamped Distribution Sector Scheme (RDSS) and Gujarat’s Robust Network Scheme.
   • The company is positioning itself to capitalize on infrastructure development opportunities, such as T&D network revamping, metro and rail corridor projects, data centers, and related industries.
   • As of March 2024, the company has a robust order book valued at approximately ₹2,35,817.40 lakhs, with projects to be executed over the next three years.
3. Investment in Technology Solutions:
   • RPSL has invested in HKRP Innovations Limited, which provides IoT and cloud-based solutions to the power grid and renewable energy sectors. Key offerings include Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), and Solar Energy Data Management (SEDM).
   • The company holds a 26% stake in HKRP, which delivered a profit of ₹668.52 lakhs in FY 2023-24.
4. Service Offerings:
   • Renewable Power Sector: RPSL provides technical services for setting up and maintaining solar power plants, including turnkey projects for power supply arrangements.
   • Non-Renewable Power Sector: The company offers services for laying Extra High Voltage (EHV) cables and transmission lines, building EHV substations, and designing underground power distribution systems.
   • Operations and Maintenance (O&M): RPSL offers O&M services for solar plants, EHV substations, and other power infrastructure.
   • Utility Services: These include cable fault location and rectification, transformer and switchgear retrofitting, and consultancy services related to substation and cable system design.