Krystal Integrated Services Secures ₹740 Cr Work Orders from Govt of Maharashtra
Krystal Integrated Services Ltd, in consortium with M/s. LC Infra Projects Private Limited (LIPPL) under the name "LC Infra – Krystal Consortium", has received two significant work orders from the Government of Maharashtra, Urban Development Department, for the development of Sewage Treatment Plants (STPs), I & D, and Sewer network on EPC basis. These contracts are for the Pune and Nagpur Revenue Divisions. The aggregate value of the two work orders is ₹7,40,06,30,000 Crore (approximately ₹740.06 Crores), including GST. Krystal Integrated Services' share in the consortium is 40%, amounting to approximately ₹2,96,02,52,000 Crore (approximately ₹296.03 Crores). The contracts are for a duration of two years. LIPPL is the Lead Member, and Krystal Integrated Services is the Technical Member in the consortium.
Key Highlights
- Krystal Integrated Services awarded two work orders from Government of Maharashtra.
- Aggregate contract value is ₹740.06 Crores.
- Company's share in consortium is 40%, valued at ₹296.03 Crores.
- Contracts are for development of STPs, I&D, and Sewer network.
- Project execution period is two years.
Price Impact
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