Announced Mon, 12 Jan · 10:16 IST

KP Green Engineering Limited has informed the exchange regarding Receipt of Orders from Bharat Sanchar Nigam Limited (BSNL) for Two Clusters across Multiple States for an aggregate value ....

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

KP Green Engineering has secured Advance Work Orders from BSNL (a Government of India enterprise) worth ₹819.45 crore (including GST) under the 4G Saturation Project / BOP-BIP. The orders cover two clusters: Cluster C covering Maharashtra and Goa (₹483 crore) and Cluster J covering Jammu & Kashmir, Ladakh, Uttarakhand and Himachal Pradesh (₹336 crore). Work involves supply and erection of Ground Based Towers (GBT), allied telecom infrastructure as an Infrastructure as a Service Provider, plus operation and maintenance for 5 years (extendable by another 5 years). The company describes this as the largest order win in its history, substantially boosting its executable order book and reinforcing its position in the telecom EPC segment. No promoter or related party interest is involved, and the order is from a domestic entity.

Likely market impact

This is a significant positive for shareholders — the order is the company's largest-ever win and materially strengthens its order book, supporting revenue visibility over the next several years. Government-backed telecom projects typically carry lower execution risk, though execution across multiple states and remote regions will be the key thing to watch.