Jyoti Structures Wins Rs. 9.49 bn Transmission Orders

Jyoti Structures has received two project orders from Power Grid Corporation of India for the development of high-voltage direct current transmission lines in Rajasthan. The company disclosed the awards to the stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The orders cover the ±800 kV HVDC Bipole Barmer-II and South Kalamb Transmission Lines under packages TL01 and TL02. Jyoti Structures will undertake the supply, erection, testing and commissioning of the transmission line facilities on a total turnkey basis.

The value of Lot 1 is Rs. 4.75 bn, excluding goods and services tax, while Lot 2 is valued at Rs. 4.75 bn, also excluding GST. The combined value of both lots is Rs. 9.49 bn. The project completion period is 38 months from the date of the Notice of Award.

The company said neither its promoters nor any entity within the promoter group or group companies has an interest in Power Grid Corporation of India, the organisation that awarded the orders. It also stated that the orders do not fall within the scope of related-party transactions.

The disclosure was submitted by Jyoti Structures company secretary Sonali K. Gaikwad on October 26, 2026. The filing was addressed to BSE and the National Stock Exchange of India and included the company’s respective security code and trading symbol. The awards add to Jyoti Structures’ project execution responsibilities in the power transmission sector, with the work requiring coordinated delivery across supply, field erection, testing and commissioning activities. The filing did not provide further details on revenue recognition, financing arrangements or the expected contribution of the orders to the company’s financial performance.

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