Ahmedabad : Power & Instrumentation (Gujarat) Limited, (NSE – PIGL, BSE – 543912), one of the leading players in the electrical contracting and equipment industry, is proud to mark its Golden Jubilee, half a century of dedication, innovation and unwavering service to India`s electrical infrastructure growth.
Founded on the vision of Mr. Padmanabhan Pillai to deliver reliable electrical solutions, Power & Instrumentation has grown into a full-scale EPC services provider and is firmly rooted in India`s dynamic power industry. Over five decades, the company has consistently evolved its mission: then, to light up homes and industries; now, to empower complex power networks and high-voltage projects across the nation.
A Journey of Milestones
1975 – A Vision Is Born
Power & Instrumentation starts as a small electrical contracting outfit, driven by a commitment to quality and customer trust.
1982 – Formalizing the Foundation
Formation of a Private Limited Company Power & Instrumentation (Gujarat) Private Limited sets the stage for structured growth and professional project delivery.
1988 – First Major Order
Secures its inaugural large-scale contract with the Airport Authority of India, establishing credibility on a national platform.
1994 – Powering Telecom Growth
Commissions India`s largest distribution substation for MTNL, playing a key role in the country`s telecom revolution.
2004 – A Name to Trust
Rebrands as Power & Instrumentation (Gujarat) Limited, underlining its stature as a reliable partner across sectors.
2007 – Manufacturing Footprint
Launches Peaton Electricals, its manufacturing division, to support in-house quality control and innovation.
2009 – International Airport Landmark
Completes the iconic Ahmedabad International Airport project, showcasing its ability to handle complex, high-profile assignments.
2014 – Leadership in T&D
Wins a landmark order from AVVNL (Ajmer Vidyut Vitran Nigam Limited), reinforcing its expertise in transmission and distribution.
2018 – Public Listing
Lists on NSE Emerge, broadening investor base and visibility in the capital markets.
2021 – Scale and Strength
Surpasses ₹2,000 Crore in executed project value, backed by a dedicated team of 250+ professionals and 300+ completed projects.
2023 – Main Board Debut
Migrates to the Main Boards of NSE and BSE, reflecting its robust financial health and corporate governance.
2025 – Next-Level Ambition
Awarded its first 400 kV EHV transmission order, opening doors to high-voltage infrastructure and reinforcing its role in powering India`s future.
Looking ahead as Power & Instrumentation (Guj.) Ltd. embarks on its next 50 years, it remains committed to delivering safe, sustainable and innovative power solutions. The Management thanks its clients, partners and employees for their trust and support in this remarkable journey and looks forward to powering even greater achievements in the decades to come.
Commenting on the achievement of completing 50 Years, Mr. Padmaraj Padmnabhan Pillai, Managing Director of Power & Instrumentation (Gujarat) Limited said, Reaching our 50th anniversary is a truly proud moment for all of us at Power & Instrumentation (Gujarat) Limited. From our very first order in 1975 to landmark projects like the MTNL substation, Ahmedabad International Airport and many more, every milestone has been driven by a simple vision: to deliver safe, reliable and innovative power solutions for India`s growth.
In May 2023, the company successfully migrated to the main boards of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), marking a significant milestone in its growth journey.
I want to thank our dedicated team, our clients, partners and all our stakeholders for believing in us and walking alongside us on this journey. Your trust and support have been the foundation of our success.
As we look ahead, we are excited to build on this legacy by strengthening our presence in the Extra High Voltage segment. With our first 400 kV project under way, we remain committed to powering the nation`s future with excellence and integrity.