Deals17 Nov 2025, 05:21 pm
WPIL's South African Subsidiary Secures INR 426 Crs. Contract from METSI KE MATLA JV
AI Summary
WPIL Ltd. announced that its South African subsidiary has received a contract from METSI KE MATLA JV for complete electro mechanical and instrumentation works for MCWAP2 Project of Trans Caledon Tunnel Authority (South Africa). The contract is valued at 821m Rand (INR 426 Crs.) and is expected to be commissioned in 48 months. This contract does not fall under related party transaction.
Key Highlights
- WPIL's South African subsidiary secures a contract worth INR 426 Crs.
- Contract is for complete electro mechanical and instrumentation works for MCWAP2 Project of Trans Caledon Tunnel Authority (South Africa).
- Contract value is 821m Rand (INR 426 Crs.).
- Project is expected to be commissioned in 48 months.
- Contract does not fall under related party transaction.