Jamnagar, June 11: Winsol Engineers Ltd has received a purchase and service order worth approximately ₹49.8 crore from KPIG Energia Pvt Ltd for a 400 kV extra high voltage (EHV) transmission line project in Gujarat.
According to a regulatory filing, the order pertains to the supply of materials and the execution of erection, testing and commissioning (ETC) works for a single-circuit and multi-circuit transmission line project.
The contract, valued at ₹49.79 crore excluding GST, was awarded by KPIG Energia on May 15, 2026, while the finalized terms were communicated to Winsol Engineers on June 11 via email.
The company said the order marks a significant addition to its existing order book and underscores continued customer confidence in its engineering and project execution capabilities.
Under the agreement, payments will be made on a milestone basis, linked to material supply, project execution progress, commissioning and final handover. The project is to be completed within the timelines stipulated in the letter of award and in accordance with the terms of the purchase and service order.
Winsol Engineers clarified that neither its promoters nor promoter group entities have any interest in the customer company and that the transaction does not qualify as a related-party transaction.
Based in Jamnagar, Gujarat, Winsol Engineers provides engineering, procurement and execution services in the power transmission and renewable energy sectors. The company was listed on the NSE SME platform in 2024 and has been expanding its order book through projects related to power evacuation infrastructure and renewable energy.