The order book is led by the renewable energy segment, with ₹116.07 crore worth of contracts for solar projects. These include fixed-tilt module mounting structures, tracker-type module mounting structures and structural components.
The company also received orders worth ₹76.41 crore for crash barriers to be used for railway track fencing and other applications, further strengthening its presence in the infrastructure segment.
Additionally, KP Green Engineering secured ₹16.66 crore worth of orders for RSJ poles, ₹11.32 crore for pre-engineered building (PEB) structures and ₹8.05 crore for transmission towers. The transmission-related contracts include 220 kV to 400 kV tower material, 33 kV and 66 kV substation equipment structures, hardware, cable trays, galvanised iron strip material and isolator structures.
The company said the orders are scheduled to be executed during the current financial year and are expected to improve capacity utilisation while providing greater revenue visibility.
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The latest order win adds to KP Green Engineering’s growing order book. Earlier this year, the company received advance work orders worth ₹819 crore from Bharat Sanchar Nigam Limited (BSNL) under the government’s 4G Saturation Project, marking the largest contract in its history.
The BSNL orders comprised ₹483 crore, including GST, for Cluster C, covering Maharashtra and Goa, and ₹336 crore, including GST, for Cluster J, comprising Jammu & Kashmir, Ladakh, Uttarakhand and Himachal Pradesh.
Despite the fresh order announcement, shares of KP Green Engineering Ltd. were trading 1.63% lower at ₹368.85 on the BSE at 2:45 pm on Tuesday.
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