Winsol Engineers Secures Rs 49 Crore Order for Gujarat EHV Transmission Line Project
Winsol Engineers Limited has received a significant Purchase and Service Order valued at approximately Rs 49,79,69,097 exclusive of GST. The contract pertains to the supply of materials and execution of Erection, Testing, and Commissioning (ETC) works for a 400 kV EHV Transmission Line Project in Gujarat.The order was awarded by KPIG Energia Private Limited, classifying it as a domestic entity. This contract represents a material addition to Winsol Engineers' existing order book, underscoring continued confidence in the company’s capabilities and specialized expertise in the power transmission sector.
Payment terms for the new contract are based on milestones, linking payments to material supply, execution progress, commissioning, and overall project completion.
Key details regarding the awarded contract are provided below:
| Particular | Details |
|---|---|
| Client Entity | KPIG Energia Private Limited |
| Project Scope | Supply of materials and execution of ETC works for a 400 kV EHV Single/Multi Circuit Transmission Line Project in Gujarat. |
| Order Value | Approximately Rs 49,79,69,097 exclusive of GST. |
| Payment Structure | Milestone-based payments linked to material supply, execution progress, commissioning, and project completion. |
| Timeline | Completion must adhere to the timeline stipulated in the Letter of Award (LOA) and the Purchase & Service Order terms. |
| Related Party Status | The order does not involve related party transactions, nor do any promoter or group companies hold an interest in KPIG Energia Private Limited. |
WINSOL Stock Price Movement
Winsol Engineers Limited shares edged up today, gaining 3.16% and closing at ₹125.95 after strong post-market action. The stock saw active trading throughout the session, with 5,200 shares transacted in total.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.