KP Green Engineering Secures ₹819 Crore BSNL Orders, Stock Dips 4%

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CNBC TV18•12-01-2026, 11:59
KP Green Engineering Secures ₹819 Crore BSNL Orders, Stock Dips 4%
- •KP Green Engineering Ltd. received advance work orders worth ₹819 crore from BSNL for telecom infrastructure under the 4G Saturation Project.
- •This is the largest contract win in the company's history, covering two clusters across multiple states.
- •The first order, ₹483 crore, is for Cluster C (Maharashtra and Goa); the second, ₹336 crore, is for Cluster J (Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh).
- •Scope includes supplying and erecting ground-based telecom towers, acting as an Infrastructure-as-a-Service Provider, and 5-year O&M.
- •Despite the significant order win, KP Green Engineering shares were down 4.17% at ₹316.15 on Monday.
Why It Matters: KP Green Engineering won a record ₹819 crore BSNL contract for 4G telecom infrastructure, yet its stock fell 4%.
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