Jyoti Structures Share Price Jumps Over 9%; Bags ₹949.35 Crore Orders from Power Grid

Written by: Team Angel OneUpdated on: 26 Oct 2026, 6:15 pm IST

Jyoti Structures secured two orders worth ₹949.35 crore for the Barmer-II and South Kalamb transmission line project.

Jyoti Structures Limited has received two orders worth a total of ₹949.35 crore, excluding GST, from Power Grid Corporation of India Limited. The contracts cover transmission line work in Rajasthan, according to a company filing dated October 26, 2026.

The orders are for packages TL01 and TL02 of the ±800 kV HVDC Bipole Barmer-II and South Kalamb Transmission Lines project.

Order Value and Work Details

The first contract, Lot 1, is worth ₹474.85 crore, excluding GST. The second, Lot 2, has a value of ₹474.50 crore, excluding GST. The combined value of the two contracts is ₹949.35 crore.

The work includes the supply, erection, testing, and commissioning of the ±800 kV high-voltage direct current (HVDC) transmission line. Jyoti Structures will execute the work on a total turnkey basis.

Project Timeline

The company has 38 months to complete the work from the date of the Notification of Award (NOA). The filing does not give separate completion timelines for the two contracts.

Both orders relate to transmission lines in Rajasthan. The company has not provided further details on the construction schedule or the expected start date of the work.

Jyoti Structures stated that its promoters, promoter group and group companies have no interest in the entity that awarded the contracts. It also confirmed that the orders do not fall under related-party transactions.

As of October 26, 2026, 12:26 pm, Jyoti Structures share price was trading at ₹8.91, a 9.19% increase from the previous closing price.

Conclusion

The two contracts from Power Grid Corporation of India Limited are worth ₹949.35 crore, excluding GST. Jyoti Structures is required to complete the transmission line work in Rajasthan within 38 months of the award date.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 26, 2026, 12:45 PM IST

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