Konstelec Engineers Wins ₹165.85 Crore in Major L1 Projects Across Defence and Refinery Segments

Konstelec Engineers Wins ₹165.85 Crore in Major L1 Projects Across Defence and Refinery Segments

Konstelec Engineers Wins ₹165.85 Crore in Major L1 Projects Across Defence and Refinery Segments​

Mumbai, May 22, 2026: Konstelec Engineers Limited today announced it has emerged as the successful L1 bidder for three major projects across the Defence and Refinery sectors. The successful bids represent a cumulative estimated order value of ₹165.85 Crores.

These project wins underscore the company's growth in execution capabilities within instrumentation, electrical systems, and industrial EPC services, solidifying its standing in high-value sectors.

The company secured work orders from two key clients: Numaligarh Refinery Limited and Advanced Weapons and Equipment India Limited (Ministry of Defence).

The total project value is detailed below:

ClientNature of ProjectOrder Value
Numaligarh Refinery LimitedInstrumentation Works for EPCM-2 Services for RPTU Unit - Group A₹59.53 Cr (exclusive of GST)
Numaligarh Refinery LimitedInstrumentation Works for EPCM-2 Services for RPTU Unit - Group B₹32.01 Cr (exclusive of GST)
Advanced Weapons and Equipment India Limited (Ministry of Defence)Augmentation of FGK Internal Electrical Power Distribution System on Turn-key Basis₹74.31 Cr (inclusive of GST)
Total₹165.85 Cr

The projects awarded by Numaligarh Refinery Limited and Advanced Weapons and Equipment India Limited highlight Konstelec's proficiency in government infrastructure and mission-critical electrical systems. These new contracts are expected to significantly boost the company's order book visibility and execution pipeline in the coming quarters.

Mr. Amish Shah, Managing Director at Konstelec Engineers Limited, commented on the order completion, stating, "We are pleased to share that Konstelec Engineers Limited has been declared the successful L1 bidder for three projects with a combined order value of approximately ₹165 Crore. These projects include Instrumentation Works for the RPTU Unit at Numaligarh Refinery Limited and the Augmentation of FGK Internal Electrical Power Distribution System project from Advanced Weapons and Equipment India Limited under the Ministry of Defence. This development further strengthens our presence in the refinery segment while also marking our entry into the defence sector, reinforcing our capabilities in executing complex EPC and electrical instrumentation projects. With this, our total order book stands at over ₹550 Crore, providing strong visibility for FY27 and the years ahead. Alongside order inflows, our focus remains on improving execution efficiency, expanding into higher-value opportunities, and driving better margins going forward."

Konstelec Engineers Limited is an integrated EPC company specializing in Electrical, Instrumentation, and Automation systems. The company undertakes turnkey contracts encompassing installation, testing, commissioning, and maintenance of electrical and electromechanical systems across diverse sectors, including oil & gas, refineries, petrochemicals, chemicals, cement, textiles, and space. KEPL offers end-to-end capabilities, including detailed engineering, procurement support, and comprehensive project management for complex electrical infrastructure projects.

KONSTELEC Stock Price Movement​

On Friday, Konstelec Engineers Limited shares edged higher, closing at ₹39.1 and marking a solid 4.97% gain for the day. The stock saw activity across 7,000 shares traded, indicating strong investor interest throughout the session.
 

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