Business Update15 May 2026, 05:11 pm
WPIL: Subsidiary PCI Africa Bags ₹1,172 Cr Order
AI Summary
WPIL Ltd's South African subsidiary, PCI Africa, as part of a consortium, has been awarded the Lower Umkhomazi Bulk Water Supply Scheme Phase 2 project by UMNGENI-UTHUKELA WATER. The total project value is approximately 7.583 Billion Rand (₹4,405 Cr), with PCI's portion being approximately 2.017 Billion Rand (₹1,172 Cr). The construction duration is 36 months, excluding the defects notification period. This order is not a related party transaction.
Key Highlights
- WPIL's PCI Africa secures ₹1,172 Cr order in South Africa.
- Project is part of Lower Umkhomazi Bulk Water Supply Scheme Phase 2.
- Construction duration is 36 months excluding defects notification.
- Total project value is ₹4,405 Cr, PCI's portion is ₹1,172 Cr.
- The order is not a related party transaction.
Price Impact
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