Konstelec Engineers Completes Supply and Installation Works at IOCL Cryogenics Facility
Konstelec Engineers Limited has announced the successful completion of its contract work at the Cryogenics Business Group facility of Indian Oil Corporation Limited (IOCL) in Dindori, Nashik. The project involved comprehensive supply, installation, testing, and commissioning across various electrical and civil works.The completed scope included transformers, DG set, HV and LV switchgears, cabling, lighting, earthing, and allied electrical and civil works at the IOCL facility.
Konstelec Engineers Limited received formal certification from Indian Oil Corporation Limited (IOCL) regarding the project completion on June 08, 2026.
The financial details pertaining to the contract are as follows:
| Metric | Value (Including GST) |
|---|---|
| Original Contract Value | ₹ 18,99,10,938 |
| Executed Value of Completed Work | ₹ 16,22,00,532 |
The project work commenced on March 21, 2024. The actual completion date of the work was January 13, 2026.
KONSTELEC Stock Price Movement
Konstelec Engineers Limited shares today slipped by 3.94%, settling at ₹42.70 after a volatile session. The stock traded within a narrow intraday band, achieving a low of ₹42.30 before closing at its daily high.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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.