Winsol Engineers wins ₹49.8 crore order for 400 kV EHV project in Gujarat

1 min read     Updated on 12 Jun 2026, 09:41 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Winsol Engineers has received a Purchase & Service Order worth approximately ₹49.8 crore from KPIG Energia Private Limited for a 400 kV EHV transmission line project in Gujarat. The scope includes supply of materials and Erection, Testing and Commissioning works, with milestone-based payments.

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Winsol Engineers has secured a Purchase & Service Order valued at approximately ₹49,79,69,097 exclusive of GST from KPIG Energia Private Limited for a 400 kV EHV transmission line project in Gujarat. The order, dated May 15, 2026, with finalized terms received on June 11, 2026, encompasses the supply of materials and execution of Erection, Testing and Commissioning (ETC) works. This contract strengthens the company's order book in the power transmission infrastructure sector within a key industrial state.

Project Details

The project involves the construction of a 400 kV EHV Single Circuit/Multi Circuit Transmission Line. The contract includes milestone-based payments linked to material supply, execution progress, commissioning, and project handover. The project must be completed within the timeline stipulated in the Letter of Award (LOA).

Parameter Details
Client KPIG Energia Private Limited
Contract Value ₹49,79,69,097 (exclusive of GST)
Project Type 400 kV EHV Transmission Line
Location Gujarat
Scope Supply of materials and ETC works

Key Disclosures

The company confirmed that the order is from a domestic entity and that neither the promoter group nor group companies hold any interest in KPIG Energia Private Limited. The transaction does not fall within related party transactions. The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0S3D01016/5d843b1ac8ba4533.pdf

Historical Stock Returns for Winsol Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+2.42%+5.74%-11.03%-17.12%-38.45%-66.34%

What is the expected timeline for project completion and revenue recognition based on the Letter of Award?

How will this order impact Winsol Engineers' order book position and revenue guidance for the current fiscal year?

Does this contract position Winsol favorably to secure additional transmission infrastructure projects in Gujarat?

Winsol Engineers secures ₹3.59 crore solar O&M order

1 min read     Updated on 09 Jun 2026, 06:18 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Winsol Engineers secured a ₹3.59 crore order from CleanMax Enviro Energy Solutions for solar O&M services at the Kalavad Plant. The order is expected to boost the company's order book and future growth.

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Winsol Engineers has secured a purchase order valued at ₹3,59,76,150 from CleanMax Enviro Energy Solutions Limited for providing solar operation and maintenance (O&M) services. The order, dated May 27, 2026, was finalized and received via email on June 08, 2026. The contract covers services at the Kalavad Plant and is expected to strengthen the company's order book, enhance its customer portfolio, and contribute to future business growth.

Order Details

The purchase order was awarded by a domestic entity, CleanMax Enviro Energy Solutions Limited. The scope of work includes operation and maintenance services at the solar plant located in Kalavad. The services are inclusive of security as per applicable norms and in line with the plant team's instructions and work schedules.

Sr. No. Particulars Details
1. Name of Client CleanMax Enviro Energy Solutions Limited
2. Nature of Entity Domestic
3. Nature of Order Solar Operation and Maintenance (O&M) Services
4. Order Value ₹3,59,76,150 (exclusive of GST)
5. Location Kalavad Plant

Commercial Terms

The aggregate order value of ₹3,59,76,150 is exclusive of Goods and Services Tax (GST). Payment terms and other commercial conditions shall be governed by the provisions of the purchase order. The timeline for execution of the order will be as specified in the purchase order document.

Regulatory Disclosures

The company confirmed that neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the order. Furthermore, the order does not fall within related party transactions. The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Winsol Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+2.42%+5.74%-11.03%-17.12%-38.45%-66.34%

What is the expected duration of the O&M contract, and will it have a material impact on Winsol Engineers' recurring revenue?

How does this order size compare to Winsol's existing order book, and what is the company's outlook for securing similar contracts in the near future?

What are the specific margin profiles for solar O&M services compared to Winsol's other business segments?

More News on Winsol Engineers

1 Year Returns:-38.45%