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Megha Engineering bags $225.5M Kuwait contract
Megha Engineering secures $225.
Multi-sector firm Megha Engineering won a contract worth $225.5 million from Kuwait Oil Company to build and operate a gas sweetening and sulfur recovery facility. The deal includes a buyback option from KOC once completed. The contract win adds to its international order book and may boost near-term revenue visibility. It also strengthens its reputation in the petroleum infrastructure space. Investors will watch margins, execution risks, and foreign exchange exposure as the project progresses.