K2 Infragen wins ₹158.58 Cr order for railway traction upgradation
K2 Infragen secured a ₹158.58 crore LOA from Konkan Railway for railway electrification upgradation, covering 403 RKM across North Western Railway. The project involves upgrading traction systems to 2 x 25 kV and must be completed in 24 months. The company's unexecuted order book has crossed ₹500 crore in direct government orders over the last six months.

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K2 Infragen has secured a Letter of Acceptance (LOA) worth ₹158.58 crore from Konkan Railway Corporation Limited for the upgradation of railway electrification infrastructure across key sections of North Western Railway. The contract involves the design, supply, erection, testing, and commissioning of a 2 x 25 kV traction system, replacing the existing 1 x 25 kV infrastructure. This project is aimed at strengthening railway traction capacity to support the 3000 MT loading target and is scheduled for execution within a period of 24 months.
Contract Details
The key parameters of the order are summarised below:
| Parameter | Details |
|---|---|
| Client | Konkan Railway Corporation Limited |
| Contract Value | ₹158.58 crore (including GST) |
| Nature of Work | Design, Supply, Erection, Testing and Commissioning |
| Scope | Upgradation to 2 x 25 kV traction system |
| Execution Period | 24 months |
Project Scope
The order encompasses the upgradation of the electric traction system in the Luni–SMR–BLDI sections of the Jodhpur Division and the Jaipur–Sawai Madhopur section of the Jaipur Division. The total scope covers 403 Route Kilometres (RKM) and 497.65 Tractive Kilometres (TKM). Specifically, the Jodhpur Division work spans 272 RKM and 345.646 TKM, while the Jaipur Division section covers 131 RKM and 152 TKM.
Management Commentary
Mr Pankaj Sharma, Managing Director, K2 Infragen Limited, stated that this order takes the unexecuted order book to a new benchmark of approximately ₹500 crore in direct orders from government bodies within the last six months. He added that since December 2025, the company has received new orders worth ₹570.49 crore through direct bidding in the Railways and T&D Segment, providing strong revenue visibility.
Company Profile
Founded in 2015, K2 Infragen is an integrated EPC company specializing in project engineering and execution across Roads, Railways, Power Transmission & Distribution, Civil Construction, Water Infrastructure, and Renewable Energy domains. The company serves clients including North Western Railways, Rajasthan Rajya Vidyut Prasaran Nigam Ltd., and Konkan Railway Corporation Limited.
Historical Stock Returns for K2 Infragen
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.95% | +41.06% | +27.40% | +11.46% | -9.74% | -60.14% |
How will the successful execution of this 24-month project influence K2 Infragen's ability to secure future railway electrification contracts from other zones?
What impact will the new ₹500 crore order book have on the company's revenue growth and profit margins over the next fiscal year?
Could this contract pave the way for K2 Infragen to participate in larger national railway modernization initiatives beyond the North Western Railway?
































