Synopsis:
Dharan Infra-EPC Limited has secured EPC contracts worth Rs. 1,171.21 crore from Skymax Infra Power Limited. The projects involve supply, installation, and EPC works at Orvakal Industrial Park, Andhra Pradesh, with execution scheduled through March 2027.
This company is in the business of real estate construction, development, civil contracts (EPC) and other related activities. The stock is in focus after securing an order from Skymax Infra Power.
With market capitalization of Rs. 225 cr, the shares of Dharan Infra-EPC Limited are currently trading at Rs. 0.44 per share, increasing 2.33% as of now in today’s market, from its previous close of Rs. 0.43 per share.
Fresh Order
Dharan Infra-EPC Limited (formerly KBC Global Limited) has announced that it, along with its designated subsidiaries, has been awarded work contracts totaling approximately Rs. 1,171.21 crore by Skymax Infra Power Limited. The contracts pertain to EPC works, supply, and installation at Orvakal Industrial Park in Andhra Pradesh, with execution timelines extending up to March 31, 2027.
Around 80% of the contract value is dedicated to international procurement of plant and machinery, which will be handled by Dharan Infra-EPC’s subsidiaries. Although the subsidiaries are responsible for project execution, all revenues and liabilities from these contracts will be consolidated in Dharan Infra-EPC’s financial statements in accordance with Ind-AS accounting standards.
The company confirmed that promoters, promoter groups, or group companies have no interest in the awarding entity, ensuring independence.This contract positions Dharan Infra-EPC as a significant player in large-scale EPC and industrial infrastructure projects in India.
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About the company
Dharan Infra-EPC Limited (formerly KBC Global Limited) is an India-based company specializing in EPC (Engineering, Procurement, and Construction) services for industrial and infrastructure projects.
The company, along with its subsidiaries, handles large-scale plant and machinery procurement, installation, and project execution, consolidating revenues and liabilities in its financial statements. It has a strong presence in domestic infrastructure development, delivering turnkey solutions while adhering to industry standards and regulatory compliance.
Written by Manideep Appana
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