J Kumar Infraprojects Receives ₹1,184 Crore Contract for Lucknow Convention Centre
J Kumar Infraprojects Limited has officially received the Letter of Acceptance for a major ₹1,184 crore EPC contract to construct an International Exhibition-cum-Convention Centre in Lucknow, Uttar Pradesh. The project will accommodate 10,000 people and is scheduled for completion within 24 months, reinforcing the company's position in large-scale infrastructure development.
*this image is generated using AI for illustrative purposes only.
J Kumar Infraprojects Limited has officially received the Letter of Acceptance for a major EPC contract worth ₹1,184 crores from the Superintending Engineer, PMGSY Circle P.W.D. Lucknow. The contract award represents a significant achievement for the infrastructure development company as it expands its project portfolio in Uttar Pradesh with a confirmed 24-month completion timeline.
Project Details and Scope
The awarded contract encompasses the comprehensive design, engineering, and procurement of construction for an International Exhibition-cum-Convention Centre designed to accommodate 10,000 people. The facility will be constructed at Vrindavan Yojna, Sector-15 in the district of Lucknow, Uttar Pradesh, following the EPC (Engineering, Procurement, and Construction) model.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹1,184,00,00,000 (₹1,184 crores) |
| Project Location: | Vrindavan Yojna, Sector-15, Lucknow, UP |
| Facility Capacity: | 10,000 people |
| Project Type: | International Exhibition-cum-Convention Centre |
| Execution Timeline: | 24 months |
| Contract Nature: | Domestic EPC Mode |
Financial Structure and Terms
The contract price of ₹1,184 crores is structured to include all taxes and labour cess, with GST being excluded from this amount. This pricing structure provides clarity on the financial obligations and ensures comprehensive coverage of project costs excluding the goods and services tax component.
Regulatory Compliance and Disclosure
The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. The disclosure follows established guidelines for material contract announcements by listed companies.
| Compliance Aspect: | Status |
|---|---|
| Awarding Entity Type: | Domestic |
| Related Party Transaction: | Not Applicable |
| Promoter Interest: | No |
| Contract Classification: | Domestic Infrastructure Project |
Strategic Significance
This substantial contract award reinforces J Kumar Infraprojects Limited's position in the infrastructure development sector, particularly in the construction of large-scale public facilities. The confirmed 24-month execution timeline demonstrates the company's commitment to timely project delivery while managing complex infrastructure requirements. The project's focus on creating a modern convention centre facility aligns with the growing demand for world-class exhibition and convention infrastructure in major Indian cities.
Historical Stock Returns for J Kumar Infraprojects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.46% | +3.57% | -0.75% | -26.89% | -31.40% | +154.86% |
How will this ₹1,184 crore contract impact J Kumar Infraprojects' revenue growth and order book for the next two fiscal years?
What are the potential challenges in executing such a large-scale convention center project within the 24-month timeline, especially given current supply chain conditions?
Could this project serve as a catalyst for J Kumar Infraprojects to secure additional government infrastructure contracts in Uttar Pradesh?
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