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Synopsis: Konstelec Engineers completed Rs. 26 crore electrical work for HPCL Rajasthan Refinery’s Rajasthan Refinery Project, boosting execution credibility and reinforcing its role in a major energy infrastructure build.

Konstelec Engineers Limited has wrapped up a key electrical contract under one of India’s biggest refinery projects. The company finished Electrical Work-I for HPCL Rajasthan Refinery Limited. This work was part of the Rajasthan Refinery Project’s Residual Utilities and Offsites package, known as RRP-RUO. The project ran on OBE Mode.

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The total executed value of the work stands at approximately Rs. 26 crores. HPCL Rajasthan Refinery Limited formally certified the completion. Konstelec received official confirmation on April 07, 2026.

Konstelec Engineerss Limited’s stock, with a market capitalisation of Rs. 48 crores, was trading at Rs. 32 on tuesday up 4.93 percent from its previous closing price. Furthermore, the stock over the past year has given a negative return of 54.7 percent.

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The Rajasthan Refinery Project is a large-scale infrastructure initiative. Konstelec handled the electrical work segment under the utilities and offsites section. The team executed the work under OBE Mode, a structured project delivery method. The completion marks an important milestone for the company.

HPCL Rajasthan Refinery Limited oversaw and certified the completed work. The client formally acknowledged that Konstelec met the required standards. This certification matters because it confirms project delivery. Furthermore, it clears the path for the next steps in the refinery’s development.

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The Rs. 26 crore order adds to Konstelec’s growing execution record. Successfully completing a government-linked refinery project builds credibility. Therefore, it strengthens the company’s position for future infrastructure bids. The Rajasthan Refinery remains one of India’s most closely watched energy projects. Konstelec’s role in it signals steady operational capability.

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    Financial analyst with over 1.5+ years of experience covering equity markets, cryptocurrencies, and IPOs, and has authored more than 1,600+ in-depth articles. His coverage spans publicly listed companies, crypto markets, geopolitical developments, and currency trends. In addition, he has led content development for cryptocurrency platforms, creating educational material on blockchain, DeFi, and NFTs.

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