Wind power company Secures Significant Transmission Line Orders Totaling Rs 39.25 Crore

DSIJ Intelligence-2 / 01 Aug 2025/ Categories: Mindshare, Trending

Wind power company Secures Significant Transmission Line Orders Totaling Rs 39.25 Crore

The stock is up by 29.74 per cent from its 52-week low of Rs 155 per share.

Winsol Engineers Limited (formerly Winsol Engineers Private Limited) announced on July 31, 2025, that it has received a significant Letter of Intent (LOI) from one of its client companies.

The LOI pertains to the execution of transmission line works for the NTPC REL: 300 MW Project at Bhuj, Gujarat. The total estimated value of the project, as outlined in the LOI, is approximately Rs 39,25,00,000, exclusive of GST. This substantial order is expected to make a meaningful contribution to the Company’s order book and future revenue stream, further reinforcing its position in the power infrastructure sector.

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The project encompasses two distinct work orders. The first work order is valued at approximately Rs 35,40,00,000 (Rupees Thirty-Five Crore Forty Lakh Only), exclusive of GST, for Single Stringing in Double Circuit Towers. The second work order is for approximately Rs 3,85,00,000 (Rupees Three Crore Eighty-Five Lakh Only), exclusive of GST, for Single Stringing in Multi Circuit Tower. The company has confirmed that these are domestic orders.

About the Company

Winsol Engineers Limited, established in 2015, specialises in providing comprehensive engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) solutions in the solar and wind power industries. Their focus lies in delivering essential components and services that ensure the smooth operation and efficiency of renewable energy facilities. Offering turnkey EPC solutions for renewable power companies, Winsol Engineers covers a wide range of BoP services, including foundation construction, substation civil and electrical work, right-of-way management, cabling to substation and grid, and various other crucial tasks.

The company has a market cap of Rs 255 crore. The shares of the company have a PE of 20x, an ROE of 35 per cent and an ROCE of 36 per cent. The stock is up by 29.74 per cent from its 52-week low of Rs 155 per share.

Disclaimer: The article is for informational purposes only and not investment advice.