K2 Infragen Limited Wins Rs 29.85 Crores Work Order for Sub-station Construction
K2 Infragen Limited has secured a significant work order valued at Rs 29.85 Crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited. The contract pertains to the construction and commissioning of new 132/33kV Grid Sub-stations in Mukundgarh, Jhunjhunu district.The order details specialized construction work encompassing the supply of equipment, associated lines, and AL59 Panther Conductor (excluding Power Transformer & ACSR Conductor). The scope of work also includes erection (including civil works), testing, and commissioning on a Supply-ETC basis.
According to the details provided, the order is considered within the ordinary course of business and was awarded by a domestic entity.
A detailed breakdown of the awarded contract is as follows:
| Detail | Specification |
|---|---|
| Awarding Entity | Rajasthan Rajya Vidyut Prasaran Nigam Limited |
| Nature of Contract | Construction of new 132/33kV Grid Sub-stations Mukundgarh (Distt. - Jhunjhunu) along with associated lines and 132 kV bays, including supply of equipment/materials and erection. |
| Total Consideration | Rs. 29.85 Crores (Rupees Twenty-Nine Crores Eighty-Five Lakhs Only) |
| Execution Timeline | 15 months |
| Interest Details | The contract does not involve related party transactions, and the company reported no interest in the awarding entity. |
The contract size of Rs 29.85 Crores indicates that the project involves substantial infrastructure development in the area. The company expects to execute the full order within a period of 15 months from the commencement date.
K2INFRA Stock Price Movement
Shares of K2 Infragen Limited are edging higher to ₹55 as of 2:41 PM today, rallying 1.76% or ₹0.95 in live trading. The stock is currently seeing significant interest, supported by a total traded volume of 12,000 shares.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.
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