Konstelec Engineers Limited Secures L1 Bid Status for Three Major Projects
Konstelec Engineers Limited announced its status as the successful L1 bidder for three significant projects, with execution activities expected to commence shortly. The company secured the bids across defense and energy sectors, confirming substantial order values from key government and private clients.Konstelec Engineers Limited has received bid confirmation for three major projects. The awarded work includes critical instrumentation services for Numaligarh Refinery Limited (NRL) and an augmentation project for the Ministry of Defence, facilitated by Advanced Weapons and Equipment India Limited.
The details of the three successful bids and their estimated total order values are as follows:
| Project Description | Client | Details | Estimated Value |
|---|---|---|---|
| Instrumentation Works for EPCM-2 Services for RPTU Unit - Group A | Numaligarh Refinery Limited | Tender ID: 2025\_NRL\_891216\_1 | INR 59.53 Crore (Exclusive of GST) |
| Instrumentation Works for EPCM-2 Services for RPTU Unit - Group B | Numaligarh Refinery Limited | Tender ID: 2025\_NRL\_891216\_2 | INR 32.01 Crore (Exclusive of GST) |
| Augmentation of FGK Internal Electrical Power Distribution System on Turn-key Basis | Advanced Weapons and Equipment India Limited, Ministry of Defence | GEM Bid No.: GEM/2025/B/6379880 | INR 74.31 Crore (Inclusive of GST) |
The company confirmed that the award of work for these projects is subject to the issuance of the respective Letter of Award (LOA)/Purchase Order and the completion of customary contractual formalities by the respective clients.
KONSTELEC Stock Price Movement
As of 12:27 PM, Konstelec Engineers Limited shares are surging by 4.97% in live trading, pushing the stock up to ₹39.1. The move reflects significant buyer interest, with 7,000 shares trading during the current session.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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