Current Infraprojects Limited has secured a work order worth ₹12.16 crores from Jaipur Vidyut Vitran Nigam Limited (JVNL) of Rajasthan. The order, dated 11th May 2026, was disclosed to the stock exchange on 14th May 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Overview

The contract involves the execution of deposit works on a turnkey basis under the EPC mode. The scope of work is comprehensive, covering multiple electrical infrastructure components under the Baran circle against tender reference TW/TN-615 LOT-II. Key activities included in the project scope are:

• Supply, erection, installation, testing, and commissioning of materials and equipment
• Construction of 33/11 KV substations
• 33 KV and 11 KV overhead line works
• Laying of 33 KV and 11 KV underground XLPE cables
• Construction of 33 KV Bay and 11 KV Bay
• Shifting of 33 KV and 11 KV lines
• Metering works under the Baran circle

Order Details at a Glance

The key parameters of the awarded contract are summarised below:

Regulatory Disclosure

The disclosure was made by Current Infraprojects in compliance with Regulation 30 of the SEBI Listing Regulations. The company has stated its commitment to updating the exchange in the event of any further developments related to the project. The intimation was signed by Sonali Nawndher, Company Secretary and Compliance Officer of Current Infraprojects Limited.

The World Bank has projected that India's current account deficit will expand to 1.8% of GDP by fiscal year 2027, marking a significant concern for the country's external sector balance.

Rising Energy Import Costs Drive Deficit Projections

According to the World Bank's latest assessment, the primary factor behind the anticipated increase in India's current account deficit is the rising cost of energy imports. This development highlights the country's continued dependence on imported energy resources and the vulnerability of its trade balance to global energy price fluctuations.

Current Account Deficit Implications

The projected increase to 1.8% of GDP represents a notable shift in India's external sector dynamics. A current account deficit occurs when a country's total imports of goods, services, and transfers exceed its total exports, requiring financing through capital inflows or drawing down foreign exchange reserves.

Energy Sector Impact on Trade Balance

The World Bank's projection underscores the significant role that energy imports play in shaping India's external sector performance. Rising energy import costs not only affect the current account balance but also have broader implications for the country's foreign exchange management and economic policy planning.

This forecast by the World Bank provides important insights for policymakers and market participants as they assess India's medium-term economic outlook and external sector sustainability.