Likhitha Infrastructure Limited has made a regulatory disclosure to both BSE Limited and National Stock Exchange of India Ltd. regarding receipt of a significant international order.
Contract Details
- Project: Construction of Pipeline Package - 1 (ASAB)
- Client: China Petroleum Engineering and Construction Corporation (International Entity)
- Contract Value: ₹3,510 Crores (USD 54,000,000)
- Execution Timeline: 21 months from award date
- Location: International (Abu Dhabi)
- Award Date: June 26, 2026
Commercial Considerations
The order terms and conditions are as per the Letter of Award (LOA) received by the company. The commercial size represents one of the significant orders for the company.
Related Party Considerations
The company has specifically disclosed that:
- None of the promoters, promoter group, or group companies have any interest in China Petroleum Engineering and Construction Corporation
- The order does not qualify as a related party transaction
- The transaction is conducted at arm's length basis