Page 50 - Construction_Opportunities_July_2026

BUSINESS BUZZ CONTRACT AWARDED Krystal Integrated Services Bags Sterlite Technologies Ltd (STL) has

Value `740 cr
Value `960 cr
Value `1600 cr
Sterlite Technologies wins `960-Crore
Sri Lotus Developers Appointed
as Developer for a Large-Scale
`740-Crore Urban Wastewater
Order.
Contracts in Maharashtra.
commercial Redevelopment in Juhu
an estimated GDV of `1,600 crore.
consortium with LC Infra Projects Pvt
telecom operator for the supply of
Sri Lotus Developers & Realty Limited, a
Ltd (LIPPL), has secured two work orders
optical fibre cables customised to meet
leading developer of luxury and ultra- Krystal Integrated Services Ltd, in bagged an order from a domestic
luxury residential and commercial with a combined value of `740.06 the customer’s technical specifications
properties in Mumbai, with a focus on crore, including GST, from the Urban and network requirements.
redevelopment and joint development Development Department of the The order, valued at approximately
projects, (through its subsidiary) as the Maharashtra government. The contracts `960 crore, is part of a multi-year
have been awarded under the Swachh
Developer for a landmark commercial- Maharashtra Mission (U) 2.0 for the supply agreement covering FY28 and
cum-retail redevelopment project in development of sewage treatment FY29. The agreement can be extended
Juhu, Mumbai. plants (STPs), interception and diversion by an additional two years subject to
The project involves the redevelopment (I&D) systems and sewer networks on mutual consent between the parties.
of one of Juhu’s prominent and well- an engineering, procurement and Under the contract, STL will manufacture
established commercial shopping construction (EPC) basis.The projects and supply high-performance optical
complexes and is strategically located will be executed under the LC Infra- fibre cables designed in line with the
in a prime area of Juhu, Mumbai. The Krystal Consortium, with LC Infra Projects telecom operator’s specific technical
proposed redevelopment will comprise serving as the lead member and Krystal guidelines and network architecture
a premium commercial and retail Integrated Services as the technical requirements.
development, with an estimated total member. Krystal holds a 40% stake in
carpet area of approximately 3.46 the consortium, giving it an estimated
lakh sq. ft. and an estimated Gross share of `296.03 crore of the total Value `185 cr
Development Value (GDV) of `1,600 contract value. Diamond Power Infrastructure Receives
crore. The project is expected to Both contracts have an execution `185-Crore Conductor Supply Order
commence in Q3 FY28 and is targeted period of two years. from Adani Energy Solutions.
for completion within approximately The work orders cover the Pune and Diamond Power Infrastructure Limited
3–4 years from commencement. Nagpur divisions under Bid Category (DPIL), an integrated manufacturer of
II for urban local bodies with sewage
treatment plant capacity of 5 million power transmission and distribution
litres per day (MLD) and above. equipment under the DICABS brand,
The Pune Division contract has an has received a Contract Confirmation/
Value `100 cr aggregate value of `160.12 crore, of Letter of Award from Adani Energy
which Krystal’s 40% share is `64.05 Solutions Limited (AESL) for the supply
Kernex Microsystems Bags Major of aluminium alloy conductors for two
`100.53 Crore Contract from Indian crore. transmission projects.
The Nagpur Division contract is valued
Railways. at `579.94 crore, with Krystal’s share The order involves the design,
Kernex Microsystems (India) Ltd has amounting to `231.98 crore. engineering, manufacturing, testing,
received a `100.53 crore order, packing, dispatch and transportation
including GST, from Integral Coach Value `160 cr of AL59 aluminium alloy conductors
Factory (ICF), Chennai, for the supply on a Delivery-at-Place (DAP) basis. The
and installation of onboard KAVACH Dilip Buildcon bags Fresh `160 Crore supply includes 1,050 km of AL59 Moose
equipment for trainsets. EPC Order for Odisha Road Project. Conductors for the Tuticorin Project and
Under the order, Kernex Microsystems Dilip Buildcon Ltd. (DBL) has secured 3,770 km of AL59 Zebra Conductors for
will undertake the supply, installation, a Letter of Award (LoA) worth `160.20 the Pune-III Project.
interfacing with trainset electrical crore from the Odisha Bridge & The contract is valued at `185.16 crore,
Construction Corporation (OB&CC) for
excluding GST, and approximately
systems, testing and commissioning the construction of a six-lane diversion `218.49 crore including GST. The order
of onboard KAVACH equipment as per road in Sundargarh district, Odisha, the value includes packing, forwarding,
the Research Designs and Standards company said recently. freight and transit insurance charges.
Organisation (RDSO) Specification No. The engineering, procurement and The contract is based on a variable
RDSO/SPN/196/2020 Version 4.0 or the construction (EPC) contract involves pricing mechanism linked to aluminium
latest applicable standards. developing a six-lane diversion road LME prices and USD/INR movements
The contract also includes warranty along with service roads on the Duduka- through an agreed price variation
support and comprehensive annual Gopalpur-Toparia Road corridor. The formula.
maintenance contract (CAMC) project covers a stretch between km Deliveries for the order are scheduled
provisions. 4.700 and km 11.500. between July 2026 and February 2027.

50 CONSTRUCTION OPPORTUNITIES|JULY 2026