KP Green Engineering wins ₹819 crore BSNL orders for telecom infrastructure works

KP Green Engineering Ltd. has secured advance work orders worth ₹819 crore from Bharat Sanchar Nigam Limited (BSNL) for telecom infrastructure works under the government's 4G Saturation Project, the company announced on Monday, January 12. The orders represent the largest contract win in the company's history and significantly strengthen its executable order book.

Order Details and Geographic Coverage

The contract comprises two distinct clusters spanning multiple states across India. The comprehensive geographic coverage demonstrates the scale and strategic importance of this infrastructure development initiative.

Parameter:	Details
Total Order Value:	₹819 crore (including GST)
Number of Clusters:	2
Cluster C Coverage:	Maharashtra and Goa
Cluster C Value:	₹483 crore (including GST)
Cluster J Coverage:	Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh
Cluster J Value:	₹336 crore (including GST)

Scope of Work and Service Offerings

Under the contract terms, KP Green Engineering will undertake comprehensive telecom infrastructure development and maintenance services. The company's responsibilities encompass multiple aspects of telecom infrastructure deployment and long-term operational support.

The scope of work includes:

Supply and erection of ground-based telecom towers
Infrastructure-as-a-Service Provider for allied telecom infrastructure
Operations and maintenance of sites for five years
Potential extension of O&M period by another five years as per BSNL's project terms

Strategic Impact and Market Position

The order win significantly reinforces KP Green Engineering's presence in the telecom infrastructure and EPC segment. The company highlighted that this achievement underscores its capability to execute large-scale, geographically diverse government-backed projects. The execution will proceed according to BSNL's project schedule and specifications under the 4G Saturation Project/BOP-BIP programme.

Stock Performance

Despite the major contract win, shares of KP Green Engineering Ltd. were trading 4.17% down at ₹316.15 as of 11:42 am on Monday. The stock has experienced significant volatility, falling 37.17% over the last six months, reflecting broader market conditions and sector-specific challenges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.65%	-5.42%	-2.13%	-23.43%	-19.11%	+96.67%

KP Green Engineering shares surged over 8% during Monday's trading session after the company announced securing its largest order to date worth ₹819 crores from Bharat Sanchar Nigam Limited (BSNL). At 11:12 a.m., shares were trading at ₹415.00 on BSE, up over 3% from the previous closing price of ₹402.35, with a market capitalisation of ₹2,075 crores.

Major Order Win Details

The company received advance work orders worth ₹819 crores from BSNL for telecom infrastructure works under the 4G Saturation Project/BOP-BIP. The order is structured across two geographical clusters:

Cluster	Coverage Area	Order Value
Cluster C	Maharashtra Circle and Goa	₹483.00 crores
Cluster J	Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh	₹336.00 crores
Total	Multiple States	₹819.00 crores

Scope of Work and Contract Terms

Under both contracts, KP Green Engineering will undertake comprehensive telecom infrastructure development including:

Supply and erection of Ground-Based Towers (GBT)
Infrastructure-as-a-Service Provider (IaaSP) for supply and installation of allied telecom infrastructure
Operations and maintenance (O&M) services for an initial period of 5 years, extendable by another 5 years

All work will be executed in line with BSNL's technical and project specifications. The company stated that these orders represent a significant milestone in its growth journey and meaningfully strengthen its executable order book while deepening its footprint in the telecom infrastructure and EPC segment.

Strong Financial Performance

KP Green Engineering has demonstrated robust financial growth in recent periods. The company's financial performance shows significant improvement:

Metric	H1 FY25	H1 FY26	Growth (%)
Revenue from Operations	₹262.00 crores	₹532.00 crores	+103%
Net Profit	₹27.00 crores	₹58.00 crores	+115%

As of H1 FY26, the company maintains an order book of ₹465 crores, which will be significantly enhanced by the new BSNL orders.

Manufacturing Capacity and Operations

The company operates with substantial manufacturing capabilities and expansion plans:

Parameter	Current Status	Future Plans
Existing Capacity	3,10,500 MTPA	-
Expected Capacity by FY26	-	4,00,500 MTPA
Operational Facilities	Dabhasa and Matar	Matar expansion underway

Business Profile

KP Green Engineering Limited, part of the KP Group, operates as a diversified engineering company engaged in multiple business segments including fabrication, galvanising, fault rectification, patrolling of optical fibre cables, site clearance work, solar roof-top installation, sale of solar electricity, EPC, mobile tower manufacturing, and turnkey services to the mobile and renewable energy industry.

The contracts reaffirm the company's capability to deliver large, complex, and geographically diverse public-sector projects, aligned with its strategy to scale participation in government-backed initiatives. Despite the recent positive development, the stock has delivered negative returns of around 8% over one year and has fallen nearly 1% in the last month.