K2 Infragen Limited Receives Order Worth ₹85.00 Crores
K2 Infragen Limited announced it has received a work order for ₹85.00 Crores (Rupees Eighty-Five Crores only). The order, awarded by Karnataka Power Transmission Corporation Limited, pertains to the development of multiple 220 KV transmission lines and establishing 2x20 MVA 110/11 KV substations in Karnataka.The project is expected to be completed within approximately 24 months. The order falls within the ordinary course of business and does not involve any related party transactions. Promoters, promoter groups, or group companies have no interest in the entity that awarded the order.
Below is a summary of the key details of the awarded order:
| Detail | Information |
|---|---|
| Awarding Entity | Karnataka Power Transmission Corporation Limited |
| Nature of Order | Development of multiple 220 KV transmission lines and establishing 2x20 MVA 110/11 KV substations in Karnataka |
| Order Value | ₹85.00 Crores (Rupees Eighty-Five Crores Only) |
| Execution Timeframe | 24 months (Approx.) |
| Related Party Transaction | No |
| Interest of Promoters/Group Companies | No |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.