Core Announcement – Order Details
Awarding Entity: Not Specified
Domestic/International Order: International Order (United Arab Emirates)
Nature of Order/Contract:
Engineering, Procurement and Construction (EPC) of a gas pipeline project.
Order Value:
The order is valued at over ₹4,000 crore (as per company's classification of 'Major' orders).
Materiality Context:
- Classified as "Major" order
- Described as a "prestigious international project"
- Represents reinforcement of global operations in Oil & Gas sector
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:
Not Specified
Management Commentary
Mr. Manish Mohnot, MD & CEO, KPIL commented: "We are delighted to secure this prestigious international project, which reinforces our proven capabilities and robust track record in the global Oil and Gas sector. This win stands as a powerful testament to our technical expertise, operational excellence and capability to scale global operations."