+
Krystal Consortium Wins Two Sewage Treatment Contracts
ECONOMY & POLICY

Krystal Consortium Wins Two Sewage Treatment Contracts

Krystal Integrated Services Limited said that, in consortium with LC Infra Projects Private Limited, it has received two work orders from the Government of Maharashtra under the Swachh Maharashtra Mission (U) 2.0 for development of Sewage Treatment Plants (STPs), inlet and distribution (I&D) works and sewer network on an engineering, procurement and construction (EPC) basis for the Pune and Nagpur divisions under Bid Category II for urban local bodies with STP capacity of five MLD and above. The consortium will operate as LC Infra – Krystal Consortium, with LC Infra Projects Private Limited as the lead member and Krystal Integrated Services Limited as the technical member. The company said the Pune work order was issued in August and the Nagpur work order was received on August 10, 2026.

The Pune division assignment carries an aggregate contract value of Rs 1,601.23 mn including GST, of which the company holds a 40 per cent share amounting to Rs 640.49 mn. The Nagpur division assignment carries an aggregate contract value of Rs 5,799.40 mn including GST, of which the company holds a 40 per cent share amounting to Rs 2,319.76 mn. Together the two orders represent an aggregate contract value of Rs 7,400.63 mn including GST.

The company’s aggregate share in the consortium across the two contracts amounts to Rs 2,960.25 mn. Both contracts are to be executed over a period of two years and include the development, operation and commissioning obligations typical of EPC engagements for urban sanitation infrastructure. No promoter, promoter group or group company has any interest in the procuring authority and the contracts do not constitute related party transactions.

The disclosure was made pursuant to the listing obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations and related master circulars and the company filed annexures providing the detailed terms and contract numbers for the Pune and Nagpur divisions. The company said the information is being provided for the records of the stock exchanges. Management will proceed with project mobilisation in accordance with contractual timelines.

Krystal Integrated Services Limited said that, in consortium with LC Infra Projects Private Limited, it has received two work orders from the Government of Maharashtra under the Swachh Maharashtra Mission (U) 2.0 for development of Sewage Treatment Plants (STPs), inlet and distribution (I&D) works and sewer network on an engineering, procurement and construction (EPC) basis for the Pune and Nagpur divisions under Bid Category II for urban local bodies with STP capacity of five MLD and above. The consortium will operate as LC Infra – Krystal Consortium, with LC Infra Projects Private Limited as the lead member and Krystal Integrated Services Limited as the technical member. The company said the Pune work order was issued in August and the Nagpur work order was received on August 10, 2026. The Pune division assignment carries an aggregate contract value of Rs 1,601.23 mn including GST, of which the company holds a 40 per cent share amounting to Rs 640.49 mn. The Nagpur division assignment carries an aggregate contract value of Rs 5,799.40 mn including GST, of which the company holds a 40 per cent share amounting to Rs 2,319.76 mn. Together the two orders represent an aggregate contract value of Rs 7,400.63 mn including GST. The company’s aggregate share in the consortium across the two contracts amounts to Rs 2,960.25 mn. Both contracts are to be executed over a period of two years and include the development, operation and commissioning obligations typical of EPC engagements for urban sanitation infrastructure. No promoter, promoter group or group company has any interest in the procuring authority and the contracts do not constitute related party transactions. The disclosure was made pursuant to the listing obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations and related master circulars and the company filed annexures providing the detailed terms and contract numbers for the Pune and Nagpur divisions. The company said the information is being provided for the records of the stock exchanges. Management will proceed with project mobilisation in accordance with contractual timelines.

Related Stories

Gold Stories

Next Story
Real Estate

Mumbai Central Emerges as a New Luxury Residential Corridor

Mumbai Central is emerging as a growing premium residential micro-market in South Mumbai, supported by improved connectivity, new redevelopment projects and proximity to major business districts.Residential capital values in the area are currently estimated at around ₹50,000-₹85,000 per sq ft, compared with ₹85,000 to more than ₹1.5 lakh per sq ft in parts of Worli, according to market estimates cited by industry players. The area has also recorded annual appreciation of around 14-18 per cent, although transaction activity and pricing vary across projects and locations.The area's chang..

Next Story
Technology

Bridgestone India Opens New Select Store in Pune

Bridgestone India has opened a new Bridgestone Select Store at Hinjewadi Phata in Pune, strengthening its retail presence in the city and Maharashtra.The new outlet, Deepraj Tyres, is located at Hinjewadi Phata/Wakad Bridge. Designed as a one-stop destination for passenger vehicle owners, the store offers tyres, expert guidance and wheel care services supported by modern equipment.“Pune is an important market for Bridgestone. The opening of this Select Store in the city reflects our commitment to offering customers easy access to premium products and trusted services. Our focus is on buildin..

Next Story
Infrastructure Transport

VECV, Rosmerta Partner for Authorised Vehicle Scrapping in NCR

VE Commercial Vehicles (VECV) and Rosmerta Auto Recycling Pvt Ltd (RARPL) have entered into a strategic partnership to facilitate the authorised scrapping and recycling of end-of-life (ELV) commercial vehicles across the National Capital Region (NCR).The collaboration will provide Eicher Trucks and Buses dealers and customers with access to a structured, transparent and compliant vehicle scrapping process. It aims to help commercial vehicle owners retire ageing trucks and buses through authorised channels while supporting fleet renewal and responsible resource recovery.The partnership comes as..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code