Globe Civil Projects Limited , a prominent player in the construction sector, has announced a significant new project win. The company has received a letter of intent for a contract valued at Rs. 13.11 crore from Telecommunications Consultants India Limited (TCIL).

Project Details

The project involves the construction of a Sports Complex at the National Institute of Technology (NIT) Delhi. In addition to the construction work, the scope includes the supply, execution, testing, and commissioning of 11 KV HT electrical work at the institute.

Contract Specifics

Additional Information

According to the company's filing with the stock exchanges:

• The contract has been awarded by a domestic entity.
• The project does not involve any related party transactions.
• Neither the promoter nor the promoter group or group companies have any interest in TCIL, the entity awarding the contract.

This new project aligns with Globe Civil Projects' expertise in construction and infrastructure development. The company's ability to secure contracts from reputable institutions like TCIL and for prestigious educational establishments such as NIT Delhi demonstrates its strong position in the market.

Note: The information in this article is based on the company's regulatory filing dated September 22, 2025, and the letter of intent received on September 16, 2025.

Globe Civil Projects Limited has announced a significant new contract, further solidifying its position in the infrastructure sector. The company has received a Letter of Intent valued at ₹13.11 crore from Telecommunications Consultants India Limited (TCIL) for a project at the National Institute of Technology (NIT) Delhi Campus.

Project Details

The project scope includes:

• Construction of a Sports Complex
• Supply, Erection, Testing & Commissioning of 11 KV HT Ring Main
• To be executed on an EPC-II basis

Management Commentary

Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited, commented on the new order: "This order from TCIL reinforces the company's reputation as a trusted partner in delivering complex EPC projects within the educational and institutional infrastructure segment. By adding a technically advanced and time-bound EPC project to its portfolio, the company not only expands its execution pipeline but also builds deeper engagement with government-linked clients such as TCIL."

Strategic Implications

The new contract aligns with Globe Civil Projects' strategy of:

• Securing high-quality, funded projects
• Enhancing order book visibility
• Improving cash flow stability
• Reinforcing its reputation for delivering complex infrastructure solutions

Company Background

Globe Civil Projects Limited is an integrated engineering, procurement, and construction (EPC) company headquartered in New Delhi. The company has a growing presence across eleven states in India and specializes in:

• Transport & Logistics infrastructure
• Social & Commercial infrastructure
• Premium Commercial and Residential Developments

The company has a strong track record in constructing railway infrastructure and educational institution buildings. It has also diversified into complex and specialized projects such as railway bridges, elevated railway terminals, airport terminals, and hospitals.

Recent Milestone

Globe Civil Projects Limited recently marked a significant milestone with its successful Initial Public Offering (IPO) of ₹119.00 crore. The company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), positioning itself for the next phase of growth in India's infrastructure sector.

This latest contract from TCIL further demonstrates the company's growing reputation and capabilities in the EPC sector, particularly in educational and institutional infrastructure projects. As Globe Civil Projects continues to secure such high-profile contracts, it strengthens its position in the competitive infrastructure development landscape of India.