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Business Update23 Apr 2026, 08:01 pm

KD Green's Shivam Pipes secures ₹31.55 Cr pole orders

AI Summary

KD Green Industries Limited's 51% subsidiary, Shivam Pipes, has secured orders totaling approximately ₹31.55 crores for the supply of Galvanized Steel Tubular Poles. These orders, received between January 1, 2026, and March 31, 2026, include ₹16.15 crores from various North Eastern State Electricity Boards and ₹15.35 crores from Bharat Sanchar Nigam Limited (BSNL). The delivery timeline for these orders is 1 to 4 months, providing strong near-term revenue visibility. The orders were awarded through contractors executing power distribution and telecom infrastructure projects, leveraging Shivam Pipes' status as a registered vendor. This move capitalizes on the expanding power and telecom infrastructure opportunities in North East India.

Key Highlights

  • Shivam Pipes, a KD Green subsidiary, secured ₹31.55 Cr orders.
  • Orders are for Galvanized Steel Tubular Poles to electricity boards and BSNL.
  • Received between Jan-Mar 2026, with 1-4 month delivery timeline.
  • Capitalizes on growing power and telecom infrastructure in North East.
  • Shivam Pipes is a registered vendor with key utilities and BSNL.
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