StockWatch
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Sugar
Business Update20 Jul 2026, 06:10 pm

KCP Subsidiary Secures ₹257 Cr Order from Hyundai Engineering

AI Summary

M/s. The EIMCO-K.C.P Limited, a wholly owned material subsidiary of KCP Sugar & Industries Corporation Ltd, has been awarded a significant order worth ₹257 crore (Rupees Two Hundred Fifty Seven Crores) from M/s. Hyundai Engineering & Construction Co. Limited. The order is for the supply of a Reactor Clarifier Package, which includes design, engineering, manufacturing, testing, and delivery, for a Common Seawater Supply Project. This substantial order is expected to contribute positively to the subsidiary's and the parent company's revenue and market position.

Key Highlights

  • Subsidiary EIMCO-K.C.P secured a major order.
  • Order value stands at ₹257 crore from Hyundai Engineering.
  • Contract is for a Reactor Clarifier Package for a seawater project.
  • Order includes design, engineering, manufacturing, and delivery.