Pursuant to the Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that company has received Letter of acceptance of Konkan Railway Corporation Limited for an EPC ....
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Awaiting price reaction for this filing.
Jayant Infratech has received a Letter of Acceptance from Konkan Railway Corporation Limited (KRCL), a government PSU, for an EPC contract worth approximately ₹161.68 crore (inclusive of all duties and taxes). The work involves design, supply, erection, testing, and commissioning for upgrading the existing 1x25 KV electric traction system to a 2x25 KV electric traction system in KRCL's projects. The contract is domestic in nature, must be completed by January 23, 2027, and is not a related party transaction. The company has stated this order is expected to contribute significantly to its revenue and operational growth.
This is a sizeable new order win from a government railway entity, providing revenue visibility for the next ~14 months. Positive for the company's order book and earnings prospects, though execution risk and timeline adherence remain key factors to watch.