K2 InfraGen Limited has secured a work order valued at ₹27.00 Crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the construction of high-voltage transmission lines in Rajasthan. The company disclosed this development pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated May 06, 2026. The order reinforces K2 InfraGen's expanding geographical presence in the transmission and distribution segment, with direct T&D orders now secured in both Rajasthan and Karnataka.

Order Details

The work order pertains to the construction of 220kV & 132kV transmission lines associated with 220kV GSS Seruna (Dist - Bikaner) in Rajasthan. The project is structured as a comprehensive turnkey assignment, covering multiple stages of execution from initial survey through to final commissioning. The following table summarises the key parameters of the order:

Scope of Work

The scope of the turnkey project includes the following key activities:

• Survey of the project area
• Supply of all equipment and materials
• Erection, including civil works
• Testing and commissioning of the transmission infrastructure

The order has been classified as being in the ordinary course of business for K2 InfraGen Limited. The awarding entity is a domestic organisation, and neither the promoter nor the promoter group nor any group companies hold any interest in the awarding entity. The transaction does not fall within the purview of related party transactions.

Order Book and Business Momentum

This latest award adds to K2 InfraGen's growing order pipeline. Since December 2025, K2 InfraGen Limited has received new orders worth INR 382 crores for development of electrical infrastructure projects across Railways, Renewables, and T&D domains. Additionally, the company has submitted bids for tenders worth approximately INR 610 crores, the results of which are awaited. The following table provides a snapshot of the company's recent order book activity:

Commenting on the development, Mr. Vineet Sharma, Vice President – Business Strategy & Corporate Affairs, K2 InfraGen, said: "K2 Infragen is on its way to deliver scale with excellence in Power Infrastructure domain. With direct T&D orders in Rajasthan & Karnataka, K2 Infragen is expanding its geographical presence in the T&D segment too. We now have a strong revenue and profitable growth visibility for the coming years."

Regulatory Disclosure

The intimation was made in compliance with the SEBI Master Circular bearing No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was signed by Jyoti Pulyani, Company Secretary & Compliance Officer (Membership No.: A55697), on behalf of K2 InfraGen Limited.

About K2 InfraGen Limited

Founded in 2015, K2 InfraGen is a publicly listed integrated EPC company specialising in project engineering, execution, and delivery of large-scale infrastructure projects across India. The company operates across Roads, Railways, Power Transmission & Distribution, Civil Construction, Water Infrastructure, and Renewable Energy domains. Its clientele includes North Western Railways, Rajasthan Rajya Vidyut Prasaran Nigam Ltd., Karnataka Power Transmission Corporation Limited, NHAI, HSIIDC, Hindustan Copper Ltd., Vindhya Telelinks Ltd., L&T, and TATA. K2 InfraGen has operations spanning Uttar Pradesh, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, Odisha, Bihar, Haryana, and Delhi NCR.

K2 Infragen has successfully secured a significant infrastructure contract worth ₹85 crore from Karnataka Power Transmission Corporation Limited (KPTCL) for comprehensive power transmission development in Karnataka. The project encompasses critical electrical infrastructure components designed to strengthen the state's power distribution network and enhance transmission capabilities across the region.

Contract Overview

The KPTCL contract represents a major business win for K2 Infragen, involving the construction of essential power infrastructure components. The project scope includes the development of 220 KV transmission lines, which serve as high-voltage corridors for efficient long-distance electricity transmission, along with the construction of 110/11 KV substations that facilitate voltage step-down for safe consumer distribution.

Project Execution Framework

The infrastructure development project is structured with an execution timeline of approximately 24 months, providing K2 Infragen with a clear implementation roadmap and revenue visibility. This timeframe enables systematic construction of the complex electrical infrastructure while maintaining quality standards throughout the project lifecycle. The phased approach ensures efficient resource allocation and timely project completion.

Strategic Business Impact

This contract award significantly enhances K2 Infragen's order book and reinforces the company's position in Karnataka's power infrastructure sector. The project's comprehensive scope, covering both transmission lines and substation construction, demonstrates the company's technical capabilities in handling complex electrical infrastructure projects. The association with KPTCL, Karnataka's primary power transmission utility, establishes a valuable partnership for future business opportunities.

The successful contract acquisition provides K2 Infragen with substantial revenue visibility over the next two years while contributing to Karnataka's power grid modernization initiatives. The project aligns with India's broader infrastructure development goals and positions the company strategically within the growing power transmission sector.