Konstelec Engineers Limited — New Orders, 14-04-2025: Awarding of order(s)/contract(s)

Konstelec Engineers Limited has received a revised work order from Indian Oil Corporation Limited worth ₹9.17 Crores. The contract involves the design, engineering, supply, erection, installation, testing, and commissioning of a 33/6.9 Kv, 6 MVA Onan Indoor Substation at Vallur, Tamil Nadu. There was a correction regarding the date of the Letter of Acceptance, now stated accurately as April 12, 2025. The project is set to be completed within eight months from the issuance date of the LOA. This order enhances Konstelec's portfolio and represents a significant opportunity for revenue generation, contributing positively to the company’s growth trajectory. Investors should monitor the execution progress closely as the timely completion of this contract is essential for achieving projected financial targets.