Megha Engineering bags $225.5M Kuwait contract
Megha Engineering secures $225.5M Kuwait oil facility contract, boosting its international backlog.
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3 days agoMegha Engineering bags $225.5M Kuwait contract
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.
positive
3 days agoMegha Engineering bags $225.5M Kuwait contract
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.
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Megha Engineering bags $225.5M Kuwait contract
4 days ago
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Megha Engineering secures $225.5M Kuwait oil facility contract, boosting its international backlog.
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.
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.
Companies:
Megha Engineering & Infrastructures
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Source:
Oct 17, 2025 • 05:19 IST