Order Details

KPIL Main Business

  • Secured new orders/letter of comfort worth approximately ₹2,031 Crores in the Power Transmission & Distribution (T&D) business
  • Orders received in both India and international markets

Subsidiary Order (Linjemontage i Grästorp AB)

  • Subsidiary Linjemontage i Grästorp AB (Sweden) received an order worth approximately ₹194 crores (~SEK 200 Mn)
  • Order awarded by Ellevio AB through a public procurement process
  • Project involves refurbishment and expansion of an existing 130 kV substation in Repbäcken, Borlänge, Sweden
  • Contract value: Approximately SEK 200 million
  • Project duration: Three years
  • Work includes construction of a new 130 kV substation within expanded area, connection to existing substation (which remains operational)
  • Future plans include connection of four new overhead lines and a new 400 kV bay connecting to Svenska kraftnät's transmission grid
  • Delivery as turnkey contract including foundation and civil works, control building, control equipment, assembly and installation, testing and commissioning
  • Work commencement: Immediately following contract signing
  • Final inspection scheduled for: 15 October 2029

Management Commentary

Manish Mohnot, MD & CEO, KPIL stated:

  • Order wins reflect strong endorsement of execution capabilities, technical expertise, and growing customer confidence
  • Sustained momentum highlights massive investments in transmission infrastructure, grid expansion, and renewable energy integration across India and global markets
  • Company is well positioned with end-to-end integrated EPC offerings in T&D business
  • Secured orders valued at approximately ₹20,000 crore in YTD FY27
  • Represents over 30% YoY growth
  • Provides strong confidence in achieving targeted growth numbers

Anders Åkerberg, CEO of Linjemontage stated:

  • Project represents a strong reference and testament to expertise with complex substation projects
  • Company well positioned for projects requiring work in operational substation environments
  • Acknowledged Ellevio for continued trust

Company Background

KPIL

  • One of the largest engineering, procurement, and construction (EPC) companies globally
  • Global footprint spanning 75 countries
  • Offers integrated EPC solutions across power transmission and distribution, buildings and factories, water supply and treatment, railways, oil and gas infrastructure, urban mobility, highways, and airports
  • Operates two manufacturing facilities in India for fabrication of power transmission towers, heavy metal structures, and scaffolding and formwork systems
  • FY2026 revenue: ₹27,143 crores (~USD 2.9 billion)
  • Currently executing over 250 projects across more than 30 countries

Linjemontage i Grästorp AB

  • Swedish pure-play EPC provider within power infrastructure
  • Specializes in modernization and expansion of Nordic electricity grid
  • Provides turnkey solutions within substations and transmission/distribution networks
  • Capabilities across entire project value chain with specialist high-voltage expertise up to 400 kV
  • Approximately 400 employees
  • Operations primarily in Sweden and Norway, with business branch in Croatia and operation centre in India
  • Founded in Grästorp in 1993
  • Shares listed on Nasdaq Stockholm since 2026

Financial Impact

The orders have been received in the normal course of business and contribute to the company's order book. Specific financial impact quantification not provided beyond order values.