Krystal Integrated Services Secures ₹740 Crore Work Orders for STPs in Pune & Nagpur
Krystal Integrated Services, in consortium, secured two work orders from the Government of Maharashtra worth ₹7,400.63 crore for STP development in Pune and Nagpur. Krystal's share is approximately ₹2,960.25 crore over two years.
The value of the work orders is substantial, representing a significant addition to the company's order book and expected to have a material impact on its future financial performance.
The company has secured significant new work orders, which is a positive development for its business growth and revenue prospects.
Krystal Integrated Services Limited, in consortium with M/s. LC Infra Projects Private Limited (LIPPL), has received two significant work orders from the Government of Maharashtra, Urban Development Department, under the Swachh Maharashtra Mission (U) 2.0.
The work orders are for the development of Sewage Treatment Plants (STPs), I & D, and Sewer networks on an EPC basis for the Pune and Nagpur Revenue Divisions. These projects fall under Bid Category II, targeting Urban Local Bodies (ULBs) with STP capacities of 5 MLD and above.
The aggregate contract value for both work orders is ₹7,400.63 crore, including GST. Krystal Integrated Services Limited holds a 40% share in the consortium, which amounts to approximately ₹2,960.25 crore. The contracts are for a duration of two years. The consortium will operate under the name "LC Infra – Krystal Consortium", with LIPPL as the Lead Member and Krystal Integrated Services Limited as the Technical Member.
Specifically, the work order for the Pune Division (Work order No. MUDM/SMM/UWM-Emp/1087/2026-27) has an aggregate contract value of ₹1,601.23 crore, with Krystal's share being ₹640.49 crore. The work order for the Nagpur Division (Work order No. MUDM/SMM/UWM-Emp/1088/2026-27) has an aggregate contract value of ₹5,799.40 crore, with Krystal's share being ₹2,319.76 crore. Both contracts are to be executed within two years.
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Krystal Integrated Services Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Krystal Integrated Services Limited. Read the original for the full detail.