Core Announcement – Order Details
Awarding Entity: Power Grid Corporation of India Limited (PGCIL)
Domestic/International Order: Domestic (India)
Nature of Order/Contract: Turnkey orders for Design, Supply and Installation of 765 kV Transmission Lines. The projects are associated with the evacuation of 8.5 GW of renewable energy from Gujarat.
Order Value: Rs. 2,872 crores (Two Thousand Eight Hundred Seventy Two Crores)
Materiality Context: Described as "substantial orders" and includes the "largest-ever single order in India T&D business" for KEC. Part of renewable energy infrastructure development.
Execution Timeline: Not Specified
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: Not Specified
Financial Implication: The orders have "substantially expanded our India T&D order book." Company's YTD order intake has crossed Rs. 13,500 crores, including approximately Rs. 9,500 crores from the T&D business.