The power sector in India is witnessing robust growth, driven by the increasing demand for electricity due to rapid urbanization, industrial expansion, and rising consumer needs. The government’s initiatives like the “Power for All program”, renewable energy targets, and electrification of rural areas have further accelerated the sector’s momentum. With an expanding population and a growing digital economy, the demand for a consistent power supply is surging.
Companies in renewable energy, thermal energy, and emerging areas such as battery storage and EV charging infrastructure are reaping the benefits. Investments in green energy projects and modernization of grid systems present immense opportunities for these players, ensuring the sector remains a critical pillar of India’s economic development.
Recent Updates
Vdeal System Limited has secured a new order worth ₹93,80,611/- (Rupees Ninety-Three Lakhs Eighty Thousand Six Hundred Eleven Only) from a prominent Indian multinational mining and aluminum company, one of its valued clients. The contract involves the supply of VFD spares and modules as specified in the purchase order.
The delivery of the spares and modules is scheduled in two phases, with deadlines set for February 20, 2025, and May 7, 2025, respectively. This order highlights Vdeal System Limited’s trusted partnership with industry leaders and reinforces its position as a reliable supplier of high-quality components. The contract showcases the company’s expertise in delivering precision-engineered solutions to meet the demands of the mining and aluminum sectors.
Share Price
The shares of VDEAL Systems Limited are trading at Rs. 162.9 up by 14% from its previous close of Rs. 142.55 as of December 2, 2024.
About the Company
Vdeal System Ltd. is a complete solution provider in the fields of Electrical Panels, Industrial Automation, Process Instrumentation, and Industrial IoT (I-4). With over 20 years of experience, the company is into providing automation solutions tailored to meet the needs of its clients.
The company specializes in transforming challenges into effective solutions by engineering and integrating systems. As a Premium System Integrator, the company has been ranked the best system integrator in the Eastern region by various MNCs and customers.
Written By: Dipangshu Kundu
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