Gujarat’s state transmission utility has handed Jyoti Structures a 765 kV line worth Rs 689.93 crore, and the company told the stock exchanges about it on 23 October. For excavator and backhoe owners in Gujarat, the value matters less than the shape of the job: a long string of tower foundations on a 42-month clock, the kind of work that gets sub-let to local fleets one location at a time.
The quick facts
- Jyoti Structures Limited received a Letter of Award from Gujarat Energy Transmission Corporation Limited (GETCO) for the 765 kV double-circuit Pachchham-Saykha transmission line.
- The contract is worth Rs 689.93 crore excluding GST, on a total turnkey basis: design, supply, erection, testing and commissioning.
- Completion is due within 42 months of the award date.
- No route length, tower count or district list was disclosed.
What Jyoti Structures disclosed
The company informed BSE and NSE on 23 October that the award is not a related-party deal and that no promoter group company has any interest in GETCO. HDFC Sky and Trade Brains both reported the filing the same morning with the same value, client, scope and schedule. Trade Brains worked out that the order equals about 92 percent of the Rs 750.87 crore revenue Jyoti booked in FY26, so it is a large job for a company of this size.
Which machines does a 765 kV line need?
A transmission line is not one site. It is a row of tower locations along a route, each with four foundation pits, and at 765 kV those towers are among the heaviest in the Indian grid. The pits are dug by a 14 to 20-tonne excavator, or a backhoe loader where the soil is soft and the approach is narrow. Foundation concrete comes in by transit mixer where farm roads allow. A mobile crane helps with tower sections at locations it can reach, though much 765 kV erection is still done with derricks and winches.
What it means for buyers
Turnkey means Jyoti supplies the towers too, and on most line contracts tower steel, conductor and hardware take the bigger share of the money. The civil slice is smaller than the headline suggests. Spread evenly, Rs 689.93 crore over 42 months works out to roughly Rs 16 crore of billing a month, and only part of that is pit work.
The machine demand is real but scattered. An excavator on a line job moves from location to location and rarely stays more than a few days at each, which suits hire over purchase. A Gujarat owner with two or three mid-size excavators, a backhoe loader and a low-bed trailer can quote per foundation, and line EPC contractors commonly sub-let pits and access tracks to regional firms. This adds to the power and renewables build-out already pulling crews across the state.
Our take: without a route length, nobody can count the foundations yet, so treat this as a lead for Gujarat fleets, not a booked order book. Owners who already work line jobs are best placed when the sub-contracts are let.
What to watch
- GETCO or Jyoti naming the route length and districts, which turns the value into a count of foundation locations.
- Jyoti’s foundation and access-track sub-contracts, where outside fleets get their work.
- The first monsoon after mobilisation, which will decide how much pit work fits into each dry season.
Quoting for tower foundation work in Gujarat? Compare excavators and backhoe loaders before you commit, and see how equipment finance works for a fleet that changes site every few days.
FAQ
How big is the Jyoti Structures GETCO order?
Rs 689.93 crore excluding GST, for the 765 kV double-circuit Pachchham-Saykha line in Gujarat, to be completed within 42 months of the Letter of Award.
What does the contract cover?
Design, supply, erection, testing and commissioning on a total turnkey basis. Jyoti makes towers at its own factories, so the contract covers supply as well as site work.
How long is the Pachchham-Saykha line?
Not disclosed. Neither the filing coverage nor GETCO has published the route length or tower count so far.
Related on DesiMachines: KEC International’s first 765 kV line out of a pumped storage plant
Source: HDFC Sky