
Business Update3 Nov 2026, 10:03 am
MICL Group Secures ₹583 Cr EPC Orders
AI Summary
Man Infraconstruction Limited (MICL) has secured two new EPC work orders totaling ₹583 crore. The orders include a ₹508 crore contract for a Skyscraper Residential Tower in Marine Lines, South Mumbai, and a ₹75 crore Letter of Acceptance from Bharat Mumbai Container Terminal Private Limited for reclamation works at Jawaharlal Nehru Port Authority. These new orders significantly boost MICL Group's EPC portfolio from ₹275 crore to approximately ₹858 crore, enhancing its revenue visibility for the standalone business in the coming years. The company highlighted its strong execution capabilities and experience in complex, high-rise structures and port infrastructure.
Key Highlights
- MICL secures two EPC work orders worth ₹583 crore.
- EPC portfolio strengthens to approximately ₹858 crore.
- Enhanced revenue visibility for the standalone business.
- Includes ₹508 Cr for Skyscraper Residential Tower.
- Includes ₹75 Cr for JNPT reclamation works.
Price Impact
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