Continental Petroleums Wins Rs 326 Million EPC Order
OIL & GAS

Continental Petroleums Wins Rs 326 Million EPC Order

Continental Petroleums Limited (BSE: 523232) has secured an engineering, procurement, and construction (EPC) order worth Rs 326.4 million from Jaipur Vidyut Vitran Nigam Limited to develop power distribution infrastructure in Jhalawar, Rajasthan.

The project, awarded under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme, involves turnkey execution for the segregation of 11KV mixed feeders, aimed at enhancing efficiency and reliability in the region’s power supply network.

Jaipur Discom has issued a Letter of Intent (LoI) to Continental Petroleums for the execution of the project, reinforcing the company’s growing presence in India’s power infrastructure sector.

Madan Lal Khandelwal, Chairman and Managing Director of CPL, commented:
“We are pleased to have received this significant order from Jaipur Vidyut Vitran Nigam Limited. Power transmission and distribution EPC has always been a strategic focus area for us. This contract not only boosts our revenue prospects but also strengthens our footprint in the EPC sector nationwide.”

Continental Petroleums aims to capitalise on opportunities in the government-backed power reforms scheme, furthering its expansion across India’s critical infrastructure domains.

Continental Petroleums Limited (BSE: 523232) has secured an engineering, procurement, and construction (EPC) order worth Rs 326.4 million from Jaipur Vidyut Vitran Nigam Limited to develop power distribution infrastructure in Jhalawar, Rajasthan.The project, awarded under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme, involves turnkey execution for the segregation of 11KV mixed feeders, aimed at enhancing efficiency and reliability in the region’s power supply network.Jaipur Discom has issued a Letter of Intent (LoI) to Continental Petroleums for the execution of the project, reinforcing the company’s growing presence in India’s power infrastructure sector.Madan Lal Khandelwal, Chairman and Managing Director of CPL, commented:“We are pleased to have received this significant order from Jaipur Vidyut Vitran Nigam Limited. Power transmission and distribution EPC has always been a strategic focus area for us. This contract not only boosts our revenue prospects but also strengthens our footprint in the EPC sector nationwide.”Continental Petroleums aims to capitalise on opportunities in the government-backed power reforms scheme, furthering its expansion across India’s critical infrastructure domains.

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