K2 Infragen Secures Rs 27.00 Crores Work Order for Transmission Line Construction in Rajasthan
K2 Infragen Limited has secured a significant work order valued at Rs 27.00 Crores for the construction of transmission lines in Rajasthan. The contract was awarded by Rajasthan Rajya Vidyut Prasaran Nigam Limited.The order relates to the construction of 220kV and 132kV transmission lines associated with the 220kV GSS Seruna (Dist - Bikaner) in Rajasthan. The scope of work is comprehensive and falls under a turnkey project basis.
According to details provided, the scope of work includes the survey, supply of all equipment and materials, erection (including civil works), and final testing and commissioning.
Key details of the transaction are summarized below:
| Parameter | Details |
|---|---|
| Awarding Entity | Rajasthan Rajya Vidyut Prasaran Nigam Limited |
| Order Value | Rs 27.00 Crores (Rupees Twenty-Seven Crores Only) |
| Nature of Business | Construction of 220kV & 132kV transmission lines associated with 220kV GSS Seruna (Dist - Bikaner) in Rajasthan. |
| Operational Status | Confirmed as ordinary course of business. |
| Transaction Type | Domestic order. |
| Implementation Period | 15 months. |
| Related Party Involvement | No interest from promoter/group companies in the awarding entity, and the transaction does not fall under related party transactions. |
K2INFRA Stock Price Movement
On Wednesday, K2 Infragen Limited shares edged higher to close at ₹54.05, rallying 2.86% from the previous close. The stock achieved a volume of 9,600 shares, finishing the session well above its low of ₹52.00.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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