Goel Construction Share Price in Focus: Secures ₹260.47 Crore Order from Adani Group

Goel Construction Company Limited has received a work order worth ₹260.47 crore from the Adani Group. The order is for carrying out civil works at the Mahan Ultra Supercritical Thermal Power Project located in Village Bandhaura, District Singrauli, Madhya Pradesh. 

The information was shared by the company in a filing to the Bombay Stock Exchange (BSE) on November 5, 2025.

Project Scope

As per the disclosure, the contract involves the execution of civil works for the Balance of Plant (BOP) area under the 2x800 MW Phase-III expansion of the Mahan Ultra Supercritical Thermal Power Project. The project will be executed over a period of 24 months from the commencement date of work.

Key Details

The order value stands at ₹260.47 crore, excluding applicable taxes. The work has been awarded by a domestic entity, Adani Group, and does not involve any related-party transactions. The company also confirmed that there is no promoter or group company interest in the awarding entity. The filing was signed by Company Secretary and Compliance Officer, Surbhi Maloo.

Project Location and Capacity

The Mahan Ultra Supercritical Thermal Power Project is a large-scale power generation facility. The ongoing expansion (Phase-III) is to add 2x800 MW capacity to the existing setup in Singrauli, Madhya Pradesh. The civil works contract awarded to Goel Construction covers essential components of the plant’s non-core operational infrastructure.

Read More: Adani Enterprises Moves Ahead with ₹25,000 Crore Rights Issue for Future Growth!

Goel Construction Share Price Performance

On November 6, 2025, at 9:47 AM, Goel Construction share price is trading at ₹345, a 0.38% increase from the previous closing price.

Conclusion

Goel Construction stated that the above information has been made available on its official website. The company will execute the awarded work within the stipulated period of 24 months as per the terms outlined in the order.

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