Tembo Global Industries Share Price Surges Over 4%; Qualifies as L1 Bidder for ₹300 Crore KNPC Tender

Tembo Global Industries Limited has informed stock exchanges that it has been technically qualified as the L1 bidder for a tender floated by Kuwait National Petroleum Company (KNPC).  

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The estimated value of the project is about ₹300 crore. 

Nature of the Project 

The tender relates to revamp work at KNPC’s Sea Island facility. This facility is located around five kilometres offshore from the company’s main project site.  

The work is linked to upgrades of existing offshore infrastructure used in petroleum operations. The filing states that Tembo Global Industries has met the technical criteria for the bid. 

Mechanical and Utility Systems 

As per the exchange filing, the scope of work includes the supply and installation of mooring hooks and capstan winches. It also covers a sewage treatment package required for offshore facility operations.  

Motor-operated valves with actuators form part of the mechanical systems listed in the tender scope. 

Safety and Monitoring Equipment 

The project also includes fire protection systems across the Sea Island facility. These comprise fire water pump packages, jockey pump packages, foam systems, and deluge systems. Integration of fire water systems is included in the scope.  

In addition, public address and general alarm systems, along with weather monitoring systems, are part of the proposed work. 

Project Value and Bid Status 

The estimated value of the tender is approximately ₹300 crore, according to the company’s disclosure. Tembo Global Industries has stated that it has emerged as the L1 bidder on technical qualification.  

The filing does not provide timelines or further commercial details, which remain subject to KNPC’s tender process. 

Read More: Reliance Power Share Price Down Over 3% as SEBI Initiates Forensic Audit! 

Tembo Global Industries Share Price Performance  

As of January 16, 2026, 12:59 pm, Tembo Global Industries share price was trading at ₹600.25, a 4.81% increase from the previous closing price. 

Conclusion 

The exchange intimation outlines Tembo Global Industries’ L1 qualification for the KNPC Sea Island revamp tender. The disclosure details the project scope and estimated value, while confirming the company’s technical standing in the bidding process 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.