The future of engineering, procurement, and turnkey (EPC) project companies in India’s infrastructure sector looks highly promising. With significant government investments in infrastructure development, such as the National Infrastructure Pipeline (NIP), and ambitious projects like smart cities, highways, and renewable energy, the demand for EPC companies is set to grow. These firms will play a crucial role in executing large-scale projects, offering a complete range of services from design to implementation.
Opportunities and Challenges
EPC companies have immense growth opportunities as India continues to focus on urbanization, industrial growth, and sustainability. The expansion of renewable energy, transportation, and industrial infrastructure creates long-term demand. However, challenges like regulatory complexities, rising material costs, and skilled labor shortages must be addressed. Companies that can leverage technological advancements, efficient project management, and strategic partnerships will emerge as leaders in this dynamic and evolving sector.
Share Price
The shares of J Kumar Infraprojects Ltd are currently trading at Rs. 719 up by 2% from its previous close of Rs. 703.9. The stock also touched an intraday high and low of Rs. 734 and Rs. 693 respectively as of January 15, 2025.
Recent Update
Awarded Contract Details
J. Kumar Infraprojects Limited has received a significant order from NBCC (India) Limited, a Government of India Enterprise, for the development of Silicon City Phase-IV. This project involves group housing, including allied works, at Plot No. GH 01A, Sector-76, Noida, Uttar Pradesh. The contract has been awarded on a Design, Engineering, Procurement, and Construction (EPC) basis with an additional 2-year Operation & Maintenance (O&M) requirement.
Contract Value and Terms
The total value of the contract is ₹1,073.39 crore (One Thousand Seventy-Three Crores Thirty-Nine Lakhs Forty-Four Thousand and Fifty-Seven). The execution cost of the project amounts to ₹1,057.99 crore (One Thousand Fifty-Seven Crores Ninety-Nine Lakhs Five Thousand Six Hundred Forty-Three), while the O&M cost is ₹15.4 crore (Fifteen Crores Forty Lakhs Thirty-Eight Thousand Four Hundred and Fourteen). The contract is inclusive of all taxes, duties, cess, and statutory levies. Furthermore, any future changes in the GST rate on works contracts will be adjusted accordingly.
Time Frame for Completion
The project is scheduled for completion within 24 months, ensuring a fast-paced timeline for the execution of the housing development. J. Kumar Infraprojects will be responsible for the timely delivery of all aspects of the project, adhering to the stipulated design and quality standards.
Significance of the Order
This contract is a key development for J. Kumar Infraprojects, showcasing its capabilities in large-scale infrastructure projects. The company’s strong track record of delivering EPC projects on time and within budget positions it well to execute this high-value project efficiently, contributing to the growing infrastructure landscape in Noida and India.
About the Company
J. Kumar Infraprojects Limited is a leading infrastructure development company in India, specializing in the execution of large-scale EPC (Engineering, Procurement, and Construction) projects. The company focuses on sectors such as roads, bridges, metro rail, and urban infrastructure. With a strong track record of delivering high-quality projects on time, J. Kumar Infraprojects has established itself as a key player in the Indian construction and infrastructure sector.
Written by Dipangshu Kundu
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