Likhitha Infrastructure Lands Order from China Petroleum Engineering and Construction Corporation-Abu Dhabi
Likhitha Infrastructure Limited has secured an international order worth approximately ¥510 Crores, equivalent to USD 5,40,00,000, from the China Petroleum Engineering and Construction Corporation-Abu Dhabi. The contract involves significant infrastructure work and spans a multi-year period.The order, dated June 26, 2026, confirms Likhitha's capacity in large-scale international projects.
Contract Details
The contract awarded is for the construction of Pipeline Package - 1 (ASAB). The company has been allocated a timeline of 21 Months to execute the order, along with other terms and conditions specified in the Letter of Award (LOA).Key details regarding the contract are presented below:
| Particulars | Details |
|---|---|
| Client Name | China Petroleum Engineering and Construction Corporation-Abu Dhabi |
| Nature of Contract | The Construction of Pipeline Package - 1 (ASAB) |
| Contract Value | Approximately ¥510 Crores (USD 5,40,00,000) |
| Duration | 21 Months |
| Client Status | International Entity |
Commercial Standing
The transaction maintains a clear commercial structure. The order is not categorized as a related party transaction. Furthermore, Likhitha Infrastructure Limited confirmed that none of the promoter or promoter group companies have any interest in the entity that awarded the order.LIKHITHA Stock Price Movement
Shares of Likhitha Infrastructure Limited slipped by 0.38% to settle at ₹259.95 on Thursday. The equity traded in the previous session with a volume of 48,568 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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