Rs 144 Crore Order Book: Railway Transmission Company Enters into Joint Venture Agreement with Salasar Techno Engineering Ltd

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Rs 144 Crore Order Book: Railway Transmission Company Enters into Joint Venture Agreement with Salasar Techno Engineering Ltd

The stock is up by 9 per cent from its 52-week low of Rs 52.50 per share.

The Board of Directors of K2 Infragen Limited approved a joint venture agreement with Salasar Techno Engineering Ltd to execute a specialised infrastructure project for the North Western Railway’s Jodhpur Division. Serving as the lead partner, K2 Infragen will collaborate on the design, supply, erection, testing, and commissioning of 2x25 kV AC traction substations, switching stations (SPs/SSPs), and SCADA systems for the Luni-Bhildi double-line section. This project-specific partnership is designed to meet all statutory and contractual requirements while enhancing the railway's electrical infrastructure.

About the Company

K2 Infragen Limited, founded in 2015, is an engineering, procurement and Construction (EPC) company that offers a two-pronged approach to its clients. Their contract business oversees all aspects of a project, from planning and procurement to site management and commissioning, for sectors like water supply, railroads, roads and civil engineering.

Their Services Business caters to a wider range of projects, including buildings, boundary walls, transmission lines and water infrastructure. The company specialises in customised EPC solutions encompassing project structuring, personnel management and Logistics to ensure timely completion. Additionally, K2 Infragen also participates in the trading business, procuring and trading materials like non-ferrous metals through open market auctions.

The company has a market cap of Rs 72 crore and has an Order Book as of December 31, 2025 stands at Rs 144 crore. The stock is up by 9 per cent from its 52-week low of Rs 52.50 per share.

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